What is PEPE coin? Everything you need to know about PEPE coin that you are looking for.

What is PEPE Coin?

PEPE Coin is one of many types of Meme coins, released on Ethereum and inspired by the popular and humorous Internet character, PEPE the green frog.

Furthermore, PEPE’s slogan is: “…dogs have had their day, now it’s time for PEPE to take over”. This quote reflects PEPE’s determination to end the dominance of previous meme coins.

The project team introduced PEPE Coin on their website as follows:

• PEPE Coin is not affiliated with Matt Furie or the Pepe the Frog artwork. This token simply expresses love and respect for a meme that everyone enjoys and recognizes.
• PEPE is a coin without intrinsic value or high financial expectations. PEPE does not have an official team or development roadmap and is only intended for entertainment and speculation in the short term.

What makes PEPE Coin stand out

This meme coin has made an impressive entrance into the crypto market with the following highlights:

• Being inspired by a famous meme, PEPE has gained acceptance from users worldwide.
• This coin is not controlled in terms of circulating supply, making it highly decentralized.
• PEPE has a large community of supporters, giving it strong media influence.
• This rare meme coin has been listed on major CEX exchanges shortly after its release. The list of CEX exchanges that have listed PEPE includes Binance, Kucoin, Bybit, etc.
• Since its official launch on April 16, 2023, PEPE has had over 835,480 regular transactions, 171,504 buyers, and over 93,789 sellers. This shows that PEPE is a highly dynamic coin in the crypto market.

According to CoinGecko, PEPE Coin ranks 60th in terms of market capitalization and has reached a market value of over 1.1 billion USD at some point. With its hotness and strong growth, PEPE brings a breath of fresh air to the market and provides attractive profits for investors.

Understanding PEPE Token

Main figures

• Token Name: PEPE
• Ticker Symbol: PEPE
• Blockchain: Ethereum
• Token Address: 0x6982508145454ce325ddbe47a25d4ec3d2311933
• Token Type: None
• Total Supply: 420,690,000,000,000 PEPE
• Circulating Supply: 420,690,000,000,000 PEPE

Use cases of PEPE token

PEPE token does not have any utility and does not represent any real-life applications. Simply put, it represents a beloved and popular humorous image worldwide. Therefore, PEPE is understood as a trend-following speculative token. Investors should not hold it for the long term as its volatility is very high.

Allocation ratio

PEPE Coin is allocated as follows:

• Liquidity Pool: 93.1% – 391,662,390,000,000 PEPE
• CEX listing: 6.9% – 29,027,610,000,000 PEPE

PEPE release schedule

• 93.1% – The majority is sent to the liquidity pool.
• 6.9% – A small percentage is held in a multi-sign wallet, used for tokens on centralized exchange listings, bridges, and liquidity pools. This wallet is easily tracked with the ENS domain name “pepecexwallet.eth”.

Where to buy PEPE Coin?

Users can purchase PEPE Coin on:

• CEX centralized exchanges: Binance, OKX, Houbi, MEXC, etc.
• DEX decentralized exchanges: Uniswap.

Recommended trustworthy wallets for storing PEPE Token

Investors can store PEPE token in Ethereum network-supported wallets (ERC-20). Some recommended trustworthy wallets include Coin98 Super App, Metamask, Trust Wallet, etc.

Roadmap & version updates

The initial development team shared the PEPE Coin development roadmap as follows:

• Phase 1: Launch and listing on Coingecko and CoinMarketCap. The initial goal is to have more than 1,000 owners and make PEPE a trend on social media, especially Twitter.
• Phase 2: Listing on CEX exchanges. The goal is to reach over 10,000 users and build a community of PEPE token investors.
• Phase 3: Further development and enhancements such as Pepe merch, Pepe Academy, and Pepe Tools.

Conclusion

We hope this article has helped you discover and learn more about PEPE Coin. Wish you good luck and profitable investments!