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Cryptocurrency News Video
Pepe Meme Coin Skyrockets: Everything You Need to Know About Pepe Coin!
May 15, 2024 at 07:21 pm DQ
Pepe Coin ($PEPE) is a deflationary meme coin that operates on the Ethereum blockchain. It was created as a tribute to the popular internet meme, Pepe the Frog, and has gained a significant following in the cryptocurrency community. Pepe Coin has seen recent price increases, and its market capitalization has grown significantly.
The price of Pepe Coin has risen by 4.95% in the past 24 hours, and its current price is around $0.00001064 per coin. The 24-hour trading volume of Pepe Coin is around $2.58 billion, indicating a high level of activity in the market.
Pepe Coin is considered a "meme coin," meaning that its value is largely driven by internet culture and social media trends, rather than by traditional economic factors. However, some experts believe that meme coins could be entering a new phase of growth, driven by factors such as retail investors outperforming institutions.
The creator of Pepe Coin has remained anonymous, and the coin's creation is often attributed to its community. However, there have been allegations that Zachary Testa, who goes by the names @degenharambe and @LordKekLol on Telegram, may be the creator of Pepe Coin.
Despite this speculation, the official Pepe website states that the project and its token have no affiliation with Pepe the Frog's original creator, Matt Furie. Pepe Coin is a fan-driven platform that aims to expand the utility and success of the Pepe the Frog meme.
In terms of functionality, Pepe Coin currently does not offer any additional features beyond those of other cryptocurrencies, such as being a borderless and pseudonymous means of transacting value digitally. The Pepe roadmap includes three launch phases, but no specific dates have been announced for their completion.
#pepe #pepecoin #memecoin #crypto #cryptocurrency #bitcoin #frog #ethereum #shibainucoin
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!
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