Pepe Coin (PEPE) is a cryptocurrency inspired by the popular internet meme “Pepe the Frog” created by Matt Furey. The coin was launched with the aim of capitalizing on the popularity of meme coins like Dogecoin and Shiba Inu, and seeks to establish itself as one of the most prominent meme-based cryptocurrency projects¹².
### Features of Pepe Coin:
1. **Tax-Free Policy**: PEPE does not charge any fees on transactions, making it attractive to a wider audience.
2. **Redistribution System**: This system rewards long-term stakers, encouraging users to hold the coin for longer periods.
3. **Burning Mechanism**: This mechanism aims to maintain the coin’s scarcity by permanently removing a portion of the coins from circulation.
4. **Roadmap**: It includes three stages, starting with listing on CoinMarketCap and making the coin trend on Twitter, all the way to listing on centralized exchanges (CEXs) and “Tier 1” exchange listings¹.
### Market Performance:
- **Current Price**: ~$0.000008 USD³.
- **Market Cap**: ~$3.18 Billion USD³.
- **24 Hour Trading Volume**: ~$535 Million USD¹.
### Community and Promotion:
Although the founders of PEPE are anonymous, they have managed to gain attention by using social media platforms like Twitter to promote their meme coin and create a meme coin community.
