Pepe ( $PEPE ) is a deflationary meme coin created on the Ethereum ( $ETH ) blockchain network. PEPE token is inspired by the "Pepe the Frog" character created by Matt Furie, which became a very popular internet meme in the 2000s.

Launched in 2023, PEPE token explains its purpose on its official website as follows: “Pepe is here to make meme coins great again. Released secretly, with no pre-sale, zero tax, a burnt liquidity pool (LP) and contract waiver, PEPE is the people's money forever.”

As can be understood from this statement, the Pepe project provides support to the cryptocurrency community; It addresses this by establishing a tax-free policy, a redistributive system that rewards long-term stakers, and a token burn mechanism aimed at preserving PEPE scarcity.

Who are the founders of Pepe coin?

The founders of the Pepe (PEPE) project have not disclosed their identities. At the time of writing, the founders of the project remain anonymous.

PEPE statistics

PEPE token total supply and maximum supply is set at 420,690,000,000,000.

What makes the PEPE project special?

PEPE offers a unique product in the meme coin market, building on the legacy of Pepe the Frog, a fictional cartoon with a long-standing and controversial history. The project's dedication to honoring this character distinguishes it from other cryptocurrencies and strengthens its appeal within the crypto community.

The redistribution system is another unique aspect of PEPE. This system rewards long-term stakers and encourages users to hold PEPE tokens for longer periods of time.

PEPE's burning mechanism is also one of its important features. This mechanism further highlights the distinct nature of PEPE aimed at maintaining its scarcity in the market.

Finally; Its tax-free policy distinguishes PEPE from other cryptocurrencies. By not charging transaction fees, the project can attract a wider audience and expand its user base.

PEPE Comment

PEPE commentary and analysis cannot be done separately from meme coin evaluation. Meme coins facilitate the adoption of the cryptocurrency industry. Although DOGE and SHIB are the leading meme coins that are becoming increasingly popular, especially thanks to the power of social media, PEPE token also made a strong entry into the market.