#What is PEPE Coin ...?

Pepe Coin (#PEPE ) is a cryptocurrency inspired by the popular internet meme, Pepe the Frog. Here's a breakdown of its key features:

Type: Meme coin (similar to #Dogecoin and #Shiba Inu)

Blockchain: Currently operates on both Ethereum (ERC-20) and #Binance Smart Chain (BSC) versions

Launched: May 2023

Features:

Deflationary:

Aims to decrease supply over time through a burning mechanism (a small percentage of tokens are burned with each transaction).

No intrinsic value: The project itself acknowledges that PEPE has no inherent value and is primarily for entertainment purposes.

Transparency:

The team behind the project is anonymous, but the roadmap and tokenomics are publicly available.

Large supply: Has a massive maximum supply of 420,690,000,000,000 #PEPE tokens.

Volatile price: Like other meme coins, PEPE's price has fluctuated significantly since its launch.

Important notes:

Investing in meme coins like PEPE carries high risks due to their inherent volatility and lack of fundamental value.

The project has been criticized for its association with Pepe the Frog, which has been used by some hate groups.

Before investing in any cryptocurrency, conduct thorough research and understand the associated risks.