What is Pepe Coin?
Pepe Coin ($PEPE) is a popular meme coin built on the Ethereum blockchain. Shortly after its public launch in April 2023, Pepe Coin became one of the most highly-traded crypto currencies.
How Pepe Coin Works
$PEPE has a maximum supply of 420,690,000,000 tokens. At the time of launch, 93.1% of the project’s tokens were in a liquidity pool, and the remaining 6.9% were allocated to a multi-signature wallet for future use.
Pepe Coin was originally designed to use a deflationary mechanism that burns a small percentage of tokens with each transaction. This was intended to create scarcity and hopefully increase the value of remaining tokens over time.
