*_Peppe Coin (PEPE) is a cryptocurrency inspired by the popular internet meme character “Pepe the Frog.” Launched as part of the meme coin movement, the coin aims to attract users who are fans of digital culture and memes. PEPE is traded on the Ethereum network as an ERC-20 token, meaning it runs on the Ethereum blockchain and leverages the Proof-of-Stake (PoS) consensus system that is used to secure the network and process transactions.
*PEPE Coin Features:
1. Distribution and Incentives: PEPE adopts a redistribution system that incentivizes users to hold the coin for longer periods. Coin holders who hold the coin instead of selling it quickly are rewarded, in order to support the stability of the project.
2. Burning mechanism: A periodic burning mechanism has been adopted, where a portion of the coins is permanently removed from circulation to maintain their scarcity, which increases the attractiveness of investing in them.
3. No transaction fees: One of the factors that distinguishes it is the lack of transaction fees, which makes it attractive to use and expands its user base.
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* PEPE Future:
Despite the price fluctuations it has witnessed, some analysts expect the currency to continue to attract widespread interest in the cryptocurrency market, especially from meme coin investors and speculators.