#XmasCryptoMiracles
#PEPE coins :
Key Features :
Origin and Launch :
Pepe Coin was launched in April 2023 as an ERC-20 token on the Ethereum blockchain. It quickly gained popularity due to its connection to a viral meme and its active community on social media.
Purpose :
Unlike projects like Bitcoin or Ethereum, PEPE does not claim to solve specific problems. It relies primarily on its community appeal and speculative potential.
Tokenomics :
The total supply of PEPE is often extremely high, reaching hundreds of billions or more.
No drawdown for developers or teams: the idea is to be entirely community-centric.
Popularity and Volatility :
PEPE has experienced wild swings in value, attracting both speculators and meme enthusiasts. Its success is heavily dependent on community engagement and general interest.
Risks:
Lack of real-world utility: Like many meme coins, PEPE has no real-world use case.
Volatility: Prices can fluctuate wildly in a short period of time.
Rug-pull risk: As with any unregulated project, there is a risk of fraud or market manipulation.