Pepe Coin Review: The Strong Attraction Project For The Memecoin Community
In this article, we will explore what PEPE is, its history, and its connection to Internet culture. We will also discuss the future of PEPE and its potential as a digital asset.
Pepe coin is a new sort of Ethereum network currency meme inspired by the iconic green frog meme of the same name – the renowned PEPE on the internet. PEPE coin’s website also states explicitly that: PEPE is a meme currency with no inherent value or expectation of financial return. There is no official team or timeline. The coin has no use other than to provide pleasure.
Pepe coin is an ERC-20 token that operates on the Ethereum network. PEPE’s total circulation supply is now 420,690 billion, with no maximum supply indicated.
On April 16, PEPE was officially launched. And within just a few days, it had grown by up to 21,000%. PEPE gained traction on social media when a crypto trader allegedly swapped 0.125 ETH (worth about $250 at that time) for 5.9 trillion PEPE. The token is then worth more than $5 million. Now, Pepe Coin Review article will delve into the history of this memecoin project.
What is the origin of PEPE? Why is this meme so popular and getting so much attention?
Years ago, while Matt Furie was in his early twenties and working at a junk shop in San Francisco, he began painting frogs for fun. He dubbed his character PEPE and published a small comic series called Playtime.
Later, he developed another successful comic series called Boys Club, which was based on Matt and his buddies but included the character PEPE the Frog and various other animal aids.
Furie seems to have been actively publishing her comics on the social networking site MySpace from there. Surprisingly, this series immediately became “viral,” particularly the picture of PEPE Frog peeing on his trousers with the message “Feels Good Man.”
Surprisingly, “Feels Good Man” quickly became a meme. When many individuals are happy with something, they will employ the frog meme + “Feels Good Man.” People have been using this meme to broadcast the name of a certain stock since 2008, before Bitcoin even existed.
The Pepe the Frog meme became viral on the internet in the years that followed. People are beginning to employ PEPE frogs to communicate various emotions, rather than “Feels Good Man.” PEPE the Frog collections such as “Sad Frog,” “Smug Frog,” “Angry Pepe,” “Feels Frog,” and so on were created and quickly became popular on most social media platforms.
It’s not only memes, however. PEPE has also become a symbol. PEPE also became the face of Trump’s 2016 campaign, MAGA. Even Donald Trump posted a photograph of himself as Pepe throughout the campaign, demonstrating the campaign’s popularity. What size is this PEPE Frog?
Yet when it comes to crypto and the meme mania, PEPE is unquestionably necessary. The PEPE meme often appears on crypto discussion sites. Several individuals even opted to publish these photographs as blockchain-based NFTs. Then there are coins related to PEPE, such as: Feels Good Man (FGM), often known as the Pepe coin, which is the primary character in this story.
Although depending on the famous meme for virality, the team behind PEPE makes no claims regarding a connection to Pepe the Frog.
“Pepe coin has no association with Matt Furie or his creation Pepe the Frog.”
On the contrary, the token’s purpose is to simply pay respect to a meme that we all know and adore.
Pepe coin is a cryptocurrency inspired by the image of Pepe the frog and built on the blockchain technology. The picture of Pepe the frog, on the other hand, has featured in Internet culture for a long time and has become a symbol of numerous online community organizations.
As a result, Pepe coin is more than just a cryptocurrency; it also has cultural significance. It is considered an element of Internet culture and is popular among lovers of that culture.
Moreover, Pepe currency is used to indicate support and affection for Pepe the frog and Internet culture in general. The usage of Pepe coins to demonstrate connection and engagement among members of the online community is also part of Internet culture.
In conclusion, Pepe coin is not only a cryptocurrency, but it also represents the cultural value of the Internet and is used to demonstrate the connection and interaction between members of the online community.
You may purchase this coin on many cryptocurrency exchanges like Binance, Kucoin, and Kraken or decentralized exchanges like Uniswap. This currency is also available on well-known exchanges such as PancakeSwap and ProBit.
You must first open an account on one of these exchanges and pay using Bitcoin or another cryptocurrency. You may swap it on comparable exchanges after you’ve acquired it. This currency features a liquidity reservoir that makes trading simple. Since its inception, the trading volume of this cryptocurrency has constantly expanded, making it an appealing investment alternative for traders.
As a result of its extreme volatility, PEPE should only be regarded a speculative token following the trend and not a long-term investment.
The following are the proportions of Pepe coin:
93.1% Liquidity Pool – 391,662,390,000,000 PEPE
PEPE CEX Listing: 6.9% – 29,027,610,000,000
93.1%: Sent to the liquidity pool.
6.9%: Will be maintained in a multi-sign wallet and only utilized in the future as tokens for centralized trade lists, bridges, and liquidity pools. The ENS domain “pepecexwallet.eth” makes this wallet readily trackable.
There are no community token sales at PEPE.
At the time of writing, there are 115,534 PEPE holders. This number exceeded the plan that Pepe coin set at the beginning.
There is no information about PEPE’s founding team. PEPE’s developers are anonymous and have also given up control of the contract. But they still actively update information on the Website and social networking channels.
Therefore, for now, PEPE “can” be considered a community project.
Although joking about having no plans, the team has given out some expectations in the form of three separate roadmap stages, which may be seen below:
Pepe coin is one of the cryptocurrency market’s representations of a new trend known as “meme coin.” These currencies, which are based on famous online memes, have grown in popularity among crypto aficionados.
Meme coins are often manufactured for enjoyment or to make a message. Yet, several meme currencies have increased in value, making them appealing investment alternatives. Pepe coin is one among them, and its value has risen dramatically since its inception.
This cryptocurrency’s future is unknown, but it has the potential to expand in value. The currency has a sizable fan base that is devoted to the Pepe the Frog meme and its cultural importance.
Moreover, PEPE has the potential to reach hundreds of trillion tokens, making it one of the biggest cryptocurrencies today. This would need a huge rise in currency demand, but it is not impossible.
Whether a project has a strong basis or not, the community is at the core of it. It also has a major impact in the case of PEPE. While some BAYC members favor PEPE, it has amassed a sizable fan following over time. This explains the recent growth in its daily trading volume, which reached billions of dollars at one time. This growth in trading volume reflects a growing community that includes both day traders and active investors.
You can refer to their community channels and information at:
Website: https://www.pepe.vip/
Twitter: https://twitter.com/pepecoineth
Discord: https://discord.com/invite/pepe-palace
Telegram: https://t.me/pepecoineth
Pepe coin has made a stunning breakthrough into the crypto world, spurred by its association with a famous online joke and recent price increases. But, since it is a meme-based cryptocurrency, its development potential is questionable, and you should proceed with care.
Investing in meme coins is always dangerous, particularly with a project with “no value” like PEPE. Alternatively, if you want to invest seriously, there are more economical solutions, such as Ethereum.
PEPE, the first bull run, was spurred by enthusiasm and became viral after he knocked out dog-type coins. There are wallets that have held a considerable quantity of PEPE coins from day one, likely tied to the project’s designers, since these wallet addresses have had no prior trading activity before it gets PEPE. This might put us in danger of a sell-off if there is any FOMO. And the current price spike is the result of PEPE being listed on key CEX platforms. Yet these bullish benefits are typically difficult to maintain, so you must be cautious.
The answer to whether PEPE is a suitable investment depends on whether you want short-term or long-term rewards.
Because of its affiliation with internet culture and the Pepe the Frog meme, Pepe currency has become a popular digital asset. Since its inception, the price of this cryptocurrency has risen significantly, making it an appealing investment alternative for traders.
This coin’s future is unknown, but it has the potential to improve in value. Its large fan base and ties to internet culture make it a one-of-a-kind and fascinating investment prospect.
If you want to invest in this cryptocurrency, make sure you do your homework and understand the dangers. The crypto market is very volatile, and all investments must be undertaken with caution. Hopefully, the Pepe Coin Review article has helped you gain more useful information about the project.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Harold
Coincu News
London, UK, 4th November 2024, Chainwire
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