**Pepe** is a cryptocurrency based on Pepe the Frog, a comic character who has become a part of internet culture. Pepe was released as a **Meme Coin** like many cryptocurrencies based on memes, which represent an idea or image that is popular among users on the internet.
### Pepe Coin Features:
1. **Symbol**: Pepe coin has the symbol “PEPE”.
2. **Source**: The currency was launched in 2023 as a **Meme Token**, and this type of currency is characterized by not having major uses or complex technology, but rather it often depends on the popularity it gains from the Internet and various communities.
3. **The Idea**: Just like other meme coins like Dogecoin or Shiba Inu, Pepe is based on popularity, sarcasm, and fun in the online world.
4. **Distribution**: Coins are usually initially distributed to communities that are passionate about the meme. They aim to attract attention and interaction among users through social media and forums.
5. **Purpose**: These currencies are often intended for entertainment and community interaction, and do not necessarily have practical applications or strong economic uses. People may use them for small exchanges or meme-related activities.
### How can it be traded?
Like other cryptocurrencies, Pepe can be traded on meme coin or cryptocurrency exchanges in general. The coin is bought and sold using other currencies such as Bitcoin, Ethereum, or the US dollar.
### Danger and risks:
Since these currencies do not have a strong technical basis or practical use, they can be very volatile in value. Many of these currencies may also be subject to manipulation or sharp declines in value. Therefore, anyone who wants to invest in them should be careful and understand the risks associated with them.
Overall, Pepe Coin is part of internet culture and the meme world, and it falls into the same category as many entertainment cryptocurrencies.
