What is PEPE coin? Analysis of what PEPE coin means

PEPE Coin, a cryptocurrency featuring the renowned Pepe the Frog meme mascot, is built on the Ethereum blockchain and known for its decentralized nature, limited supply, and potential as a digital collectible and representation of meme culture.

Oct 06, 2024 at 01:11 pm

What is PEPE Coin?

1. Definition
PEPE Coin is a cryptocurrency featuring the widely recognizable Pepe the Frog meme as its mascot. It is built on the Ethereum blockchain and serves as an ERC-20 token.

2. Meme Origin
Pepe the Frog originated in 2008 as an innocuous comic character created by Matt Furie. Over time, it evolved into an internet meme, becoming synonymous with trolling and online culture.

3. Coin Creation
PEPE Coin was created in August 2016 by an anonymous group of developers known as the "Rare Pepes Project." They sought to capture the popularity and virality of the Pepe meme and translate it into a valuable digital asset.

4. Token Features
PEPE Coin has several notable features:

Limited Supply: Only 100,000,000 PEPE coins were ever created, making it a scarce digital collectible.
Decentralization: PEPE Coin operates on the Ethereum blockchain, ensuring its distribution among various users and preventing any single entity from controlling it.
Community Governance: PEPE Coin holders participate in its governance through decentralized autonomous organization (DAO) voting, allowing them to shape the project's future.

5. Use Cases
PEPE Coin is primarily used as a digital collectible, similar to other popular cryptocurrencies like Bitcoin and Ethereum. However, it also has potential for:

Meme Token: As a representation of the iconic Pepe meme, PEPE Coin can be used in online forums and communities as a way to participate in meme culture.
Store of Value: Due to its limited supply and growing popularity, PEPE Coin can be held as a potential store of value, similar to other cryptocurrencies.

6. Market Performance
Initially, PEPE Coin gained significant traction and value, reaching a peak of $0.17 in January 2018. However, it subsequently experienced a market downturn, likely due to regulatory concerns and the general volatility of cryptocurrencies.

7. Current Status
As of 2023, PEPE Coin has stabilized at a market capitalization of around $1 million. It remains primarily used as a digital collectible and a symbol of meme culture within the cryptocurrency community.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

LOOM

$0.0412

63.08%

Trade Now
OBT

$0.0171

62.24%

Trade Now
PIXEL

$0.0471

53.17%

Trade Now
AUDIO

$0.0919

41.99%

Trade Now
WHITE

$0.0...06682

40.29%

Trade Now
GFI

$0.9110

37.37%

Trade Now

Latest Crypto News

Coinbase Listing Sparks Speculation Tied to Trump’s SEC Pick
2025-04-22 12:40:11
Hyperlane testnet successfully launched on Binance Wallet & Binance HODLer App.
2025-04-22 12:40:11
The Bitcoin price rise to $87,000 created contrasting profitability outcomes between investors in the market.
2025-04-22 12:35:12
Base chain daily coin issuance exceeds Solana
2025-04-22 12:35:12
From Sony's new web3 project to new updates from Bybit, here's a roundup of the top crypto stories you may have missed.
2025-04-22 12:30:11
Decentraland [MANA] Breaks Key Overhead Resistance, Surges by 8% Within a Day
2025-04-22 12:30:11

Related knowledge

How to buy PEPE coins on Exodus wallet

Apr 03,2025 at 12:56pm

Buying PEPE coins on the Exodus wallet involves several steps, from setting up your wallet to completing the purchase. This guide will walk you through the process, ensuring you understand each step clearly. Whether you're new to cryptocurrencies or an experienced user, this article will provide the necessary information to buy PEPE coins securely and e...

How to buy PEPE coins on Ledger Live wallet

Apr 03,2025 at 04:28am

Introduction to PEPE Coins and Ledger Live WalletPEPE coins are a type of cryptocurrency that has gained popularity within the crypto community. They are often associated with memes and have a vibrant community backing them. Ledger Live, on the other hand, is a software application provided by Ledger, a well-known hardware wallet manufacturer. It allows...

How to buy PEPE coins on Trust Wallet

Apr 06,2025 at 07:57am

Buying PEPE coins on Trust Wallet can be an exciting venture for those interested in meme cryptocurrencies. PEPE coins, inspired by the popular Pepe the Frog meme, have gained traction within the crypto community. Trust Wallet, a widely used mobile wallet, supports a variety of cryptocurrencies, including PEPE coins. To get started, you'll need to set u...

How to buy PEPE coins on MetaMask wallet

Apr 05,2025 at 01:56pm

Buying PEPE coins using a MetaMask wallet involves several steps, from setting up your wallet to executing the purchase. This guide will walk you through the process, ensuring you understand each step clearly. Whether you're new to cryptocurrencies or an experienced trader, this article will provide the necessary information to successfully acquire PEPE...

trump meme coin how to buy

Mar 20,2025 at 02:00pm

On January 18, 2025, US President-elect Trump announced the launch of his personal Meme currency TRUMP on his social account, which attracted widespread attention from the market. After Huobi launched the TRUMP token, the increase once reached 1250%, which shows how popular it is. If you are also interested in buying Trump Meme coins, please refer to th...

how to buy trump coin in india

Mar 20,2025 at 01:35pm

Trump Coin is a meme coin, the official website is GetTrumpMemes.com. Its total supply is 1 billion pieces, with an initial circulation of only 200 million pieces, and the remaining 800 million pieces will be gradually unlocked in the next three years, and belongs to CIC Digital LLC and Fight Figure LLC, a subsidiary of the Trump Group. This supply mech...