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how was pepe coin launched
Launched in 2018 on Binance Dex exchange, PepeCoin features a decentralized, community-driven design with a fun mascot, accessible features, and various use cases for payments, staking, and ecosystem support.
Oct 14, 2024 at 06:00 pm
1.PepeCoin launch
PepeCoin (PEPE) was launched on March 26, 2018, via a fair launch on the Binance Dex exchange. The coin was created by an anonymous team of developers who sought to create a decentralized and community-driven digital currency. PepeCoin's total supply is 1 billion coins, 50% of which were distributed to the community through airdrops and community events. The remaining 50% of coins were allocated to the development team and ecosystem growth.
2.Purpose of PepeCoin: PepeCoin was designed to be a fun and accessible digital currency that would appeal to people from all walks of life. The coin's mascot, Pepe the Frog, is a popular internet meme, which made PepeCoin instantly recognizable to many people. PepeCoin's aim is to be used as a means of exchange for goods and services online and offline. It can also be used to support PepeCoin-related projects and initiatives.
3.Technology and Features: PepeCoin is a decentralized digital currency built on the Binance Blockchain. It utilizes a Proof-of-Stake (PoS) consensus mechanism, which makes it more energyefficient and environmentally friendly than Proof-of-Work (PoW) cryptocurrencies. PepeCoin offers several key features, including:
- Fast and cheap transactions
- Secure and scalable blockchain
- Community-driven development and governance
- Cross-chain atomic swaps
- Smartphone wallet and merchant payment gateway
4.Use cases of PepeCoin: PepeCoin can be used in various ways:
- Making online and offline payments
- Donating to PepeCoin-related projects and initiatives
- Staking to earn rewards and support the network
- Trading on cryptocurrency exchanges
- Developing new PepeCoin-based applications and services
5.Conclusion: PepeCoin is a fun, user-friendly, and purpose-driven digital currency that has gained popularity since its launch in 2018. Its strong community, innovative features, and commitment to decentralization position it well for continued growth and adoption in the future.
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Related knowledge
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Mar 12,2025 at 08:31pm
Key Points:Pepecoin's success stems from its meme-driven nature and rapid community growth, but it faces competition from other memecoins and established cryptocurrencies.Competitors range from other memecoins with similar characteristics to established projects offering diverse functionalities.The competitive landscape is dynamic, with new projects con...
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Key Points:Pepecoin, like most cryptocurrencies built on the Ethereum blockchain, does not inherently support anonymous transactions.Transactions are pseudonymous, meaning they are linked to public addresses, not directly to real-world identities.Privacy-enhancing technologies can be used in conjunction with Pepecoin to increase anonymity, but this come...
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Key Points:Pepecoin's ecosystem is decentralized and lacks a formally defined "partnership" structure in the traditional sense. Instead, its growth relies on community engagement and interactions with various projects and individuals.Key players include developers, community members, exchanges listing Pepe, and influencers promoting the token.The lack o...
What is the technical architecture and underlying protocol of Pepecoin?
Mar 11,2025 at 11:50am
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What is the community governance model of Pepecoin?
Mar 11,2025 at 06:30pm
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What is the mining mechanism of Pepecoin?
Mar 12,2025 at 07:56pm
Key Points:Pepecoin, unlike Bitcoin or Ethereum, does not have its own mining mechanism in the traditional sense. It operates on a proof-of-stake (PoS) system, meaning it doesn't require energy-intensive mining processes.Pepecoin's initial distribution involved a significant pre-mine, with a large portion of tokens allocated to the creators and early ad...
What are Pepecoin's competitors?
Mar 12,2025 at 08:31pm
Key Points:Pepecoin's success stems from its meme-driven nature and rapid community growth, but it faces competition from other memecoins and established cryptocurrencies.Competitors range from other memecoins with similar characteristics to established projects offering diverse functionalities.The competitive landscape is dynamic, with new projects con...
Does Pepecoin support anonymous transactions?
Mar 12,2025 at 04:50am
Key Points:Pepecoin, like most cryptocurrencies built on the Ethereum blockchain, does not inherently support anonymous transactions.Transactions are pseudonymous, meaning they are linked to public addresses, not directly to real-world identities.Privacy-enhancing technologies can be used in conjunction with Pepecoin to increase anonymity, but this come...
What are the partners in the Pepecoin ecosystem?
Mar 12,2025 at 07:31am
Key Points:Pepecoin's ecosystem is decentralized and lacks a formally defined "partnership" structure in the traditional sense. Instead, its growth relies on community engagement and interactions with various projects and individuals.Key players include developers, community members, exchanges listing Pepe, and influencers promoting the token.The lack o...
What is the technical architecture and underlying protocol of Pepecoin?
Mar 11,2025 at 11:50am
Key Points:Pepecoin, a meme coin, lacks a complex technical architecture. Its core functionality relies on the existing Ethereum blockchain infrastructure.Pepecoin's underlying protocol is the ERC-20 standard, inheriting its security and functionality from Ethereum.There are no unique or proprietary protocols developed specifically for Pepecoin.The simp...
What is the community governance model of Pepecoin?
Mar 11,2025 at 06:30pm
Key Points:Pepecoin, a memecoin, lacks a formally defined community governance model.Governance is largely decentralized and driven by community sentiment expressed through social media and online forums.Proposals for changes or improvements are often discussed informally, with no established voting mechanism.The lack of a structured governance model ca...
What is the mining mechanism of Pepecoin?
Mar 12,2025 at 07:56pm
Key Points:Pepecoin, unlike Bitcoin or Ethereum, does not have its own mining mechanism in the traditional sense. It operates on a proof-of-stake (PoS) system, meaning it doesn't require energy-intensive mining processes.Pepecoin's initial distribution involved a significant pre-mine, with a large portion of tokens allocated to the creators and early ad...
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