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- *Memecoin*: PEPE is a cryptocurrency inspired by the internet sensation Pepe the Frog. *Key Features* - *No inherent utility*: PEPE relies on its cultural and viral appeal to attract investors and users. - *Launched in 2023*: PEPE was launched in mid-April 2023 with an attractively low price and an abundant supply of 420 trillion. - *ERC-20 token*: PEPE operates under the security of the proof-of-stake (PoS) consensus mechanism. - *No-tax policy*: PEPE eliminates transaction fees on buying or selling the token, ensuring a cost-effective experience for traders. - *Burning mechanism*: A small percentage of tokens burn with each transaction, incrementally reducing the total supply. *Supply and Circulation* - *Circulating supply*: 417,481.33 billion PEPE tokens - *Liquidity pool allocation*: 93.1% of tokens are allocated to the liquidity pool, with LP tokens permanently removed from circulation and the contract renounced. #PEPEéæŻ
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Should we keep or sell PEPE?#Memecoins
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