What is PEPE Coin?
PEPE Coin is a memecoin inspired by the internet meme character Pepe the Frog. Launched in April 2023 by an anonymous team, PEPE quickly positioned itself as one of the leading memecoins, alongside Dogecoin and Shiba Inu. The goal of PEPE Coin is to capitalize on the popularity of internet memes and integrate them into the world of cryptocurrency.
Whitepaper: https://www.lcx.com/pepe-mica-white-paper/
How does PEPE Coin work?
PEPE Coin operates on the Ethereum blockchain as an ERC-20 token. The project features a deflationary tokenomics model, meaning the total supply is capped and there are mechanisms in place to reduce the circulating supply, such as token burning. At launch, 93.1% of the tokens were added to a liquidity pool on Uniswap, after which the keys were burned—meaning those tokens are permanently locked and cannot be retrieved. The remaining 6.9% of tokens are reserved for future use cases such as exchange listings and liquidity pools.
The token
Ticker: PEPE
Category: Memecoin
Blockchain: Ethereum
Protocol: ERC-20
Year of launch: 2023
The technology behind PEPE Coin
As an ERC-20 token, PEPE Coin leverages the security and infrastructure of the Ethereum blockchain. This ensures compatibility with Ethereum wallets, decentralized applications (dApps), and other tokens within the Ethereum ecosystem. The choice of a deflationary model is intended to create scarcity and support the token’s value over time.
The PEPE ecosystem
The PEPE ecosystem is primarily community-driven and centered around the popularity of the Pepe the Frog meme. Although it does not have specific use cases or applications beyond speculation and community engagement, it has built a significant following in the crypto space. Listings on major cryptocurrency exchanges like Binance have contributed to PEPE Coin’s growth and visibility.
Who founded PEPE Coin?
The founders of PEPE Coin remain anonymous. This is not unusual in the world of memecoins and cryptocurrencies, where projects are sometimes launched by unknown teams. Anonymity can add a sense of mystery but also brings risk for potential investors.
Impact on the environment
Work in progress.
Risk disclaimer
Cryptocurrencies, including Pepe (PEPE), are volatile and carry risks. The value of PEPE can fluctuate greatly and investments can lead to financial losses. Always do your own research and only invest money that you are willing to lose.
For more information, consult the crypto asset whitepaper which includes information about the provider, information about the crypto asset, information about the risks and information about the impact of the asset on the climate; https://www.lcx.com/pepe-mica-white-paper/
Note: This is a meme token with no established utility. Be aware of this when trading.
The BTC Direct disclaimer van be found here: https://btcdirect.eu/es-es/descargo-de-responsibilidad