( Source : TradingView )
History of PEPE coin :
Like all other meme coins, Pepe Coin has no inherent value, no financial return potential, and no practical use. Nevertheless, Pepe Coin’s lack of practicality and intrinsic worth did not prevent it from ranking among the top 100 cryptocurrencies by market capitalization within two weeks of its debut. Another name for it is the most memeable coin.
More specifically, Pepe Coin is a deflationary meme coin based on Ethereum that was influenced by the Pepe the Frog meme. In 2023, this meme coin had a sharp increase in value and was able to amass a large following.
Being an ERC-20 token, PEPE benefits from all the features offered by the Ethereum network, including the high level of security made possible by the Proof-of-Stake (PoS) consensus process.
The project’s roadmap is divided into three primary stages, with the goal of increasing recognition through listings on major cryptocurrency exchanges, social media platforms, and sites like CoinMarketCap, which lists the overall market capitalization.
However, Pepe Coin offers a number of intriguing features. For instance, the project makes use of a redistribution system designed to encourage possible investors to keep tokens for a longer amount of time. This strategy’s primary goal is to preserve the token’s stability and raise its prospects for long-term success.
All systems currently green for launch $pepe https://t.co/wun55unsdj pic.twitter.com/Ro9DfP5JQF
— Pepe (@pepecoineth) April 20, 2023
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