According to ChainCatcher, Colorpepe, the first experimental asset of MemeFi protocol Color, has completed liquidity addition, with a market value of up to $10 million.

It is reported that Colorpepe was originally generated by the cross-chain conversion of PEPE worth $1 million, and supports unconditional reverse principal protection conversion. It is the first split asset issued by Color protocol based on blue-chip memecoin. Colorpepe adopts the BC-404 hybrid contract standard launched by Color, combining NFT with tokens, aiming to promote the consensus precipitation and expansion of blue-chip Memecoin.