PEPE
Pepe Coin (PEPE) is a meme-based cryptocurrency inspired by the popular internet character Pepe the Frog. Launched in April 2023, PEPE quickly gained attention within the crypto community due to its association with meme culture, similar to other meme coins like Dogecoin and Shiba Inu. It operates on the Ethereum blockchain as an ERC-20 token and was designed to capitalize on the growing popularity of internet humor in the decentralized finance (DeFi) space.
Pepe Coin has no intrinsic value, official utility, or specific project backing it. Instead, its value primarily comes from community-driven hype and speculation, similar to other meme coins. The token saw rapid price fluctuations after its launch, with some investors seeing significant short-term gains. However, like most meme coins, PEPE is considered highly volatile and speculative, with no clear long-term roadmap or utility in the broader cryptocurrency ecosystem.
Despite its lack of serious development goals, PEPE attracted significant trading volume and market interest, drawing attention