Hello, today I will talk about Memecoin. Memecoin can compete with other currencies. The most popular are PEPE and Dogecoin.
First, I will start with PEPE
PEPE
The history of this cryptocurrency begins with a popular meme in the internet community, the frog, created by Matthew Fury in 2005. In 2023, the cryptocurrency itself was created by anonymous developers. The peak of this currency is November 2024
It is necessary to talk about the pros and cons of PEPE
Pros
Active support (Users actively promote the currency).
High volatility.
PEPE is available for purchase on many major exchanges.
Listings on major exchanges
Cons
Manipulation risks
Dependence on hype
Narrow target audience
Competition risks
The maximum price $PEPE of $0.00002457 was recorded on November 14, 2024
The minimum price $PEPE of $0.075514 was recorded on May 06, 2015
The current rate of PEPE is $0.00002154
Dogecoin
Dogecoin is based on the internet meme Doge and features a Shiba Inu on its logo.
The digital currency was created by Billy Markus and Jackson Palmer
Also, as a fact, Dogecoin is Elon Musk's favorite coin
The rate of Dogecoin is $0.4341
The maximum price $DOGE of $0.7316 was recorded on May 08, 2021
It is necessary to consider the pros and cons of this currency
Pros
Wide popularity
Low fees
Support from well-known exchanges
Cons
Dogecoin has no limit on the total number of coins
Lack of fundamental value
High volatility
Limited use
Comparison of Dogecoin and PEPE
Thank you all for your attention! I would be interested to read your comments.
