What is Pepe? Pepe coin is a memecoin released on January 20, 2022 inspired by the Pepe the Frog meme. So what’s interesting about Pepe because it was immediately listed on the Binance exchange? Let’s join us to learn about this project.
Pepe Overview
History & story of Pepe
Pepe is a cartoon character created by American artist Matt Furie. The character was first introduced in the webcomic series “Boys Club,” published in 2005. Initially, Pepe was a minor character in the series about a group of young people who like to play video games and live a comfortable, humorous life.
What’s special about Pepe, however, is how it has become a popular internet icon. The image of Pepe, with his green face, big eyes and smiling mouth, has become a versatile symbol, expressing many different moods and states.
Pepe has become an integral part of internet culture and the meme community. People have created many versions and variations of Pepe to express their moods, from expressions of joy to sadness, from surprise to disappointment. The internet community often uses Pepe’s image to share emotions and express personal opinions.
However, although Pepe has become a fun and beloved icon, it has also encountered some controversy. Some variations of Pepe have been used in negative contexts, even emerging in cases involving controversial and critical content. This has led to controversy over the use of the image and its ownership rights on the internet.
What is Pepe?
Pepe is essentially an ERC 20 issued on the Ethereum network with inspiration from the Pepe Meme of the past. On his official website, Pepe also said that dogs have expired, implicitly mentioning Dogecoin and Shiba Inu. Currently, Pepe will be the project to reclaim the throne of Dogecoin in the next cycle of the Crypto market.
The Pepe project itself also shared that the project was created for entertainment purposes and is completely useless.
Things to Pay Attention to When Investing in Memecoin
Risk & possibility of great loss
Meme coins often face a high level of risk, especially because they often appear at low prices and have no industrial foundation or real-world application. Large price fluctuations and uncertainty in value can lead to large losses. This poses a big challenge for investors and requires them to have a clear investment strategy and be willing to accept risks.
Clearly, Meme coin projects live up to the phrase High Risk High Return. If you invest in Meme coin, be prepared to lose all that money.
Check for community support and interest
Before investing in any memecoin, check if the coin has significant community support. This support may be reflected in activity on forums, social sites, and other online communities.
At the same time, it is also necessary to check the liquidity of memecoins on exchanges, as poor liquidity can create limited buying and selling capabilities, affecting the ability to execute trading orders.
Suspicious sources of information
Memecoin is often driven by social media announcements and rumors, rather than accurate information and fundamental strategies. This creates an unstable investment environment, with the value of memecoins subject to sharp increases or decreases based on uncertain information. For investors, being cautious and relying on reliable sources is important to avoid making decisions based on inaccurate information.
Remember, investing in memecoin requires caution and an understanding of the risks. If you do not have special experience in this area, you should seek expert advice before making an investment decision.
Tokenomics
Information about Pepe’s tokens
- Token name: Pepe
- Code: PEPE
- Blockchain: Ethereum
- Token classification: ERC 20
- Contract: 0x6982508145454ce325ddbe47a25d4ec3d2311933
- Total supply: 420,690,000,000,000
Project Information Channel
- Twitter: https://twitter.com/pepecoineth
- Website:
Summary
It has been a long time since there has been a Meme coin project with the potential to break the records of Shiba Inu and beyond, Dogecoin. Hopefully through this article, people can understand more about what Pepe is?
