What is PEPE and how does it work
Memecoins are loved by cryptocurrency enthusiasts, and PEPE is one of the favorites.
PEPE is a memecoin that operates as a token on the Ethereum network. The name of the coin is inspired by the famous internet character: Pepe the Frog, who was immortalized in bitcoin culture thanks to a collectible card game in the NFT style.
PEPE is a token that exists on the Ethereum network.
PEPE seeks to capitalize on the popularity of meme-based cryptocurrencies.
The value of memecoins is based on their ability to be a joke and create community.
In addition to PEPE, there is a series of NFTs called Rare Pepes that precedes the cryptocurrency. With the popularity of PEPE, a second project called PEPE Unchained was born.
Like Dogecoin (DOGE) and Shiba Inu (SHIB), it is a memecoin, whose main utility is to make internet users laugh, create communities, and become a means of financial speculation.