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Is PEPE currency halal or haram?

PEPE coin

If you are looking for the following question: Is the PEPE currency halal or haram, we will try to answer that through our understanding of the currency project, its working mechanism, and the services it provides.

PEPE coin project

PEPE: A meme coin running on Ethereum that appeals to the cryptocurrency community with a tax-free policy, a redistribution system that rewards long-term punters, and a burn-in mechanism to maintain PEPE scarcity.

Halal services provided by PEPE coin

A redistribution system, which rewards long-term stakers and incentivizes users to hold PEPE for longer periods of time.

Enhancing owner incentives and increasing the chances of long-term success.

PEPE's burning mechanism highlights its distinctive nature, with the aim of maintaining scarcity within the market.

Tax-free policy by not charging transaction fees.

Haram services provided by PEPE coin

I studied the PEPE currency project and did not find suspicious services provided by it. This is my personal diligence

Information about PEPE$PEPE coin

The total number of PEPE digital currencies is more than 420 billion coins

The highest value reached on April 15, 2023, when its price reached 0.0000003152 euros (as of writing this article)

Is PEPE coin halal?

Based on the previous data and the PEPE currency project, PEPE currency is halal