Pepe is a deflationary meme coin launched in April 2023 inspired by the popular internet meme of a frog with various expressions. The coin uses the Ethereum blockchain and follows the ERC-20 standard, which means it can be stored and traded on any compatible wallet or exchange. It has a maximum supply of 420,690,000,000,000 tokens, whose value is determined by market demand and supply.
PEPE Coin is gaining popularity, but there are too many PEPE Coins in circulation, making it hard for the price to reach $1. For a cryptocurrency to increase in value, it needs a limited supply, which PEPE Coin doesn't have. Also, with so much competition in the cryptocurrency market