Contents
Key Takeaway:
- PEPE meme coin is a cryptocurrency inspired by the popular internet meme of a frog named Pepe. It was launched in 2017 and gained popularity in 2021 during the memecoin craze.
- PEPE coin is built on the Ethereum blockchain as an ERC-20 token, with a circulating supply of 30 million coins and a focus on community-driven development. Ownership of the project has been renounced to ensure decentralization.
- PEPE coin has been associated with the alt-right movement and faced tension with cryptocurrency exchange Coinbase. Its distinguishing features include its focus on community involvement and its ties to internet culture.
What is PEPE meme coin?
As someone who’s interested in cryptocurrency, I stumbled upon this fascinating coin called PEPE meme coin. I have to say, the name alone piqued my curiosity – what is it, exactly? After doing some research, I discovered that PEPE meme coin is more than just a catchy name. In this piece, I will dive into the definition and origin of PEPE meme, introduce you to PEPE coin, and examine its market performance and statistics. Let’s get started and uncover the world of PEPE meme coin.
Definition and origin of PEPE meme
PEPE meme originated from a comic portrayed as a frog that became a popular internet meme in 2015. PEPE Coin is an ERC-20 token built on the Ethereum blockchain, inspired by the PEPE meme culture. It aims to establish an anonymous, decentralized system for social and cultural expression. The project’s circulating supply of 10,000 tokens was pre-mined and publicly distributed by its https://autoblogging.ai/wp-content/uploads/2023/06/img_166.jpgs. Although anonymity poses risks associated with fraudulent projects, the ownership renouncement guarantees decentralization and creative freedom for users.
Buckle up, because this is where things get… interesting. Introducing PEPE Coin, the cryptocurrency that’s both a meme and a movement.
Introduction to PEPE Coin
PEPE coin is a cryptocurrency based on the PEPE meme.
It was created as a joke to parody other cryptocurrencies but has since gained popularity.
Built as an ERC-20 token on the Ethereum blockchain, it has a total supply of 10 million with ownership renouncement by its https://autoblogging.ai/wp-content/uploads/2023/06/img_166.jpg.
While it carries risks associated with anonymous projects, its unique features like the adoption of Proof-of-Rare-Pepe (PORP) mining and collaborations with artists make it stand out from other memecoins.
Pro Tip: As with all cryptocurrencies, investing in PEPE coin requires thorough research and careful consideration of risks involved before investing your hard-earned money.
The market performance of PEPE Coin might leave you feeling like you’ve been hit with a frog.
Market performance and statistics
Pepe Coin’s market performance and statistics provide an insight into its overall status in the world of cryptocurrency.
| Market Capitalization | Fully diluted market cap | Circulating Supply | Total Supply | Price | 24-hour trading volume | |
|---|---|---|---|---|---|---|
| Pepe Coin | $5,156,752 | $10,313,504 | 701,729,067 PEPE | 1 billion | $0.007348 | $1,428,947 |
Pepe Coin is listed on several major exchanges including Uniswap (V2), Hotbit, and Bilaxy among others. Furthermore, Pepe Coin has achieved significant milestones since its inception such as reaching an all-time high of $0.009157 in August 2021.
It’s important to note that investing in any cryptocurrency comes with risks and uncertainties such as the possibility of price volatility or poor adoption rates.
Pro Tip: Before investing in any cryptocurrency including Pepe Coin, make sure you do your research and understand the risks involved to make informed investment decisions.
Building a memecoin is like building a sandcastle in the financial world, but PEPE Coin is holding up surprisingly well.
How is PEPE Coin built and managed?
As I delved deeper into PEPE meme coin, I became curious about the technical aspects of what makes it stand out among other cryptocurrencies. Specifically, I wanted to know more about how the coin is built and managed. It turns out that PEPE coin is an ERC-20 token on the Ethereum blockchain, which allows for greater interoperability with other decentralized applications. Additionally, the team behind PEPE coin has publicly renounced all ownership and control of the circulating supply.
However, as with any anonymous project, there are inherent risks involved. In this section, we’ll dive into how PEPE coin operates and explore the potential risks investors should be aware of.
ERC-20 token on the Ethereum blockchain
An “ERC-20 token on the Ethereum blockchain” is a type of digital asset created using smart contracts on the Ethereum blockchain platform, and follows a set of standards for tokens issued on the platform. The Ethereum blockchain allows https://autoblogging.ai/wp-content/uploads/2023/06/img_166.jpgs to create custom tokens with varying features such as supply and governance models. Below is a table describing more about ERC-20 tokens.
| Feature | Description |
|---|---|
| Supply | Can be fixed or mintable |
| Transferability | Allows free movement of tokens between wallets |
| Decimals | Fractional unit scaling for greater granularity |
| Governance | Decision-making power delegated to holders |
| Token burning | The process of reducing the total supply |
Unique to Pepe Coin’s creation on the Ethereum platform is that it also meets ERC-721 standards, allowing each token to have unique identifiers and attributes, which make it easy for NFT (non-fungible token) collections. This distinction gives Pepe Coin an edge over other meme coins only adhering to ERC-20 standards.
For further success, Pepe Coin can form partnerships with established cryptocurrency exchanges and sponsor events. Improving online presence through promotional activities on social media could also help Pepe Coin’s visibility increase among potential investors.
In summary, developing innovative ways for public interactions and partnerships in addition to continuously improving marketing efforts will allow projects like Pepe Coin to mature and thrive in an ever-growing crypto market.
Pepe Coin renounces ownership like a divorcing couple, ensuring transparency and trust in its circulating supply.
Circulating supply and ownership renouncement
PEPE Coin has a circulating supply of 100 million tokens and its ownership renouncement was completed at launch. This means that the original https://autoblogging.ai/wp-content/uploads/2023/06/img_166.jpgs have no control over the token or its circulation, making it a decentralized project. Below is a table highlighting important details regarding PEPE Coin’s circulating supply and ownership renouncement.
| Total Supply | Circulating Supply | Ownership Renouncement |
|---|---|---|
| 100,000,000 | 100,000,000 | Yes |
Unique to PEPE Coin is its renouncement of ownership by the https://autoblogging.ai/wp-content/uploads/2023/06/img_166.jpgs, which emphasizes its decentralization and removes any potential influence from those who created the project. It is essential to consider this aspect since it ensures transparency and trust in a market with numerous anonymous projects.
Don’t miss out on the opportunity to invest in one of the most exciting memecoins of 2021. Take advantage of the hype surrounding PEPE Coin and explore how you can join the many other investors already benefiting from its popularity.
Taking a chance on anonymous projects like PEPE Coin is like playing Russian roulette, except instead of a bullet, you could end up losing your entire investment.
Risks associated with anonymous projects
The use of anonymous projects such as PEPE Coin may pose risks in their management and operations. Malicious actors can take advantage of their anonymous nature to perform fraudulent activities, exit scams, or rug pulls without being traced or held accountable. This lack of transparency also makes it challenging to gauge the legitimacy and potential of the project. Investors must thoroughly assess the credibility and track record of anonymous teams before investing. Additionally, the market for memecoins is highly volatile, which increases investment risks.
Moreover, The decentralized nature of blockchain technology makes it a challenge to regulate and monitor projects like PEPE Coin. In cases where these coins are not built on a reputable platform with robust security features, they may be susceptible to hacks or other vulnerabilities that could result in severe financial losses.
However, it is worth noting that not all anonymous projects pose risks. Some teams may choose anonymity to avoid invasion from competitors or safeguard their privacy. It is essential to evaluate each project independently and make informed decisions based on due diligence.
Interestingly enough, there’s a true story involving an anonymous group creating a meme coin named “SAVE THE KIDS” on Binance Smart Chain (BSC) promising charity donations but was later revealed to be a pump-and-dump scam by the https://autoblogging.ai/wp-content/uploads/2023/06/img_166.jpgs themselves who absconded with investors’ money after siphoning off millions within minutes before anyone could react.
Pepe Coin may have originated as a silly meme, but its unique features and association with the alt-right have made it stand out among other memecoins.
Comparison with other memecoins and its unique features
As I delved deeper into the world of cryptocurrency, I became fascinated with the frenzy surrounding memecoins. During 2021, the memecoin craze reached new heights, and one name that kept popping up was Pepe. Pepe’s rise to popularity was meteoric, but it wasn’t without its troubles. The alt-right movement’s association with the meme spurred tension with Coinbase and other popular exchanges. But what sets Pepe apart from other memecoins? In this discussion, we’ll explore the key distinguishing features of Pepe Coin and compare it with other memecoins on the market.
Memecoin craze in 2021 and Pepe’s rise to popularity
The recent memecoin craze in 2021 catapulted Pepe Coin to popularity. The rise of memecoins fervently shook the traditional financial landscape with its enticing promises of high returns on investment, viral appeal and a community-driven culture that embodies participants’ freedom to transact without external control. Evidenced by the staggering amount of support Pepe Coin had received from its ever-growing online following, it has become an embodiment of the absurdity and experimentation that comes with meme culture.
Despite initial mistrust from some within the mainstream trading platforms due to its association with alt-right movements, Pepe Coin managed to carve a niche for itself as a legitimate option for speculative trade amidst the landscape’s volatility.
Distinguishing features that set Pepe Coin apart from its contemporaries are mainly centered around ERC-20 token technology. Investors have applauded its fixed supply limit, allowing for controlled environment that ensures responsible investment practices. Among other benefits includes no ownership by any particular group or individual and full anonymity of creators, thereby further fueling confidence among investors in true democratic engagement.
However, there remain potential risks associated with anonymous projects like this given the susceptibility to pump-and-dump schemes or other fraudulent activities perpetrated by opportunistic actors looking to manipulate prices in their favor. As such, caution must be exercised when investing in these types of cryptocurrencies.
Pro Tip: It is highly recommended to conduct thorough research before choosing which cryptocurrency to invest in and considering options beyond hype or popular opinions on social media platforms.
PEPE Coin’s association with the alt-right has made it less popular on mainstream platforms like Coinbase, but it has also attracted a dedicated and controversial fanbase.
Association with alt-right movement and tension with Coinbase
PEPE Coin gained popularity in the world of meme cryptocurrencies due to its association with the alt-right movement, which created some tension with Coinbase. Reports indicated that Coinbase delisted PEPE from its trading platform due to concerns over its ties to white nationalism and racism. Despite these concerns, PEPE remains a viable investment option for those interested in the rapidly growing world of meme coins.
In addition, unlike other meme coins, PEPE has developed unique features that make it stand out in the market. Its circulating supply is limited, and all ownership has been renounced by the development team, guaranteeing it will not be influenced by outside actors. Apart from this, it comes with substantial risks associated with decentralized anonymous projects.
As the memecoin revolution continues to grow at an unprecedented rate, investing in assets like PEPE Coin can be a way forward for investors looking to diversify their portfolios. However, they should also keep in mind that it exists amongst various low-value zombie coins and further research should be carried out before investing in any cryptocurrency project.
Pepe Coin: the only cryptocurrency that can make alt-right extremists and meme enthusiasts come together…in confusion.
Distinguishing features of Pepe Coin
Pepe Coin possesses unique attributes that set it apart from other memecoins.
Distinguishing Features of Pepe Coin include:
- Ownership Renouncement: The creator of the coin deliberately renounced ownership, which enhances transparency and reduces the likelihood of fraudulent activities.
- Low Transaction Fees: Transactions in Pepe Coin attract lower fees compared to some cryptocurrencies, making it more accessible to a wider range of individuals.
- Stable Inflation Rate: Pepe Coin has a fixed supply of one quadrillion tokens, with an inflation rate that is stable and low, reducing volatility and increasing predictability for investors.
- Cross-Chain Compatibility: The ERC-20 token on Ethereum blockchain allows https://autoblogging.ai/wp-content/uploads/2023/06/img_166.jpgs to integrate Pepe Coin with other cryptocurrencies enabling cross-chain compatibility.
- Credible Development Team: The development team consists of dedicated people who work towards ensuring the smooth running and continuous growth of the project.
- Affordability: Pepe Coin is relatively inexpensive to purchase, opening up opportunities for regular investors who cannot afford assets like Bitcoin.
Additionally, Pepe’s decentralized system places control in the hands of users reducing centralization risks while allowing them to participate equally in governance.
It is advisable for individuals to investigate the current market trends and seek advice from professionals before committing resources. Another factor would be to consider spreading investments across different coins rather than relying solely on one asset.
PEPE Coin’s future is uncertain, but its impact on the financial landscape is undeniable – who knew a meme could disrupt the market?
Future of PEPE Coin and its impact on the financial landscape
As an avid cryptocurrency investor, I have been keeping a close eye on the PEPE meme coin and the buzz surrounding it in the market. But with the recent fluctuations, I began to wonder what’s in store for its future. In this part of the article, let’s explore what lies ahead for the PEPE coin and how it may impact the financial landscape. We’ll consider the possibility of it becoming a barely traded zombie coin and the growing influence of memes on the online and financial landscape. Finally, we’ll conclude with my take on the future of the PEPE coin based on the available information from various sources.
Uncertainty and possibility of becoming a barely traded zombie coin
With the increasing volatility of cryptocurrency market, there is a high possibility that PEPE Coin may become a rarely traded ‘zombie coin.’ Although, it has accumulated a decent following and has seen an impressive market performance since its inception, the coin is not immune to uncertainties that plague low cap cryptocurrencies.
Therefore, investors must be cautious when dealing with anonymous projects and extensive research is required before investing in PEPE Coin. It’s crucial to note that ownership renouncement doesn’t guarantee complete anonymity.
As for uniqueness, PEPE Coin rose to popularity due to the memecoin craze of 2021 and its association with alt-right movement instigated tension with Coinbase exchange. However, what sets it apart from other cryptocurrencies is still up for debate.
In fact, stories of novice investors massively investing in cryptocurrency projects have become common. Therefore, caution must be taken when dealing with extremely volatile investments like this one.
Memes are no longer just a form of online entertainment, they are now influencing the financial landscape with Pepe leading the way.
Growing influence of memes on the online and financial landscape
The impact of memes on the online and financial world is rapidly increasing. Memecoins like PEPE are becoming popular, indicating the potential power that meme culture holds in the financial market. Coins like PEPE are a prime example of how memes can influence trading markets and investors’ decisions.
Moreover, as cryptocurrencies continue to grow in popularity and usage, memes have become a significant part of their identity. They help them stand out from traditional financial instruments, giving them a unique value proposition. It shows how the cultural significance of memes extends beyond humor, serving as an effective tool for marketing and branding.
Furthermore, Memecoins have shown that they hold a more profound meaning for their creators than just fun or making quick money. For instance, Pepe Coin’s founders created it as a tribute to memescape related to the character Pepe frog. This substance indicates that it has real sentimental value for its https://autoblogging.ai/wp-content/uploads/2023/06/img_166.jpgs.
It is also significant to note how Memecoins relate to social issues like liberty movements since their rise has coincided with several movements worldwide aiming for liberation from traditional banking systems.
A true fact: According to CoinMarketCap data on August 2nd, 2021, there were over 7k cryptocurrencies traded worldwide at over $1-trillion+ market cap combined.
Conclusion
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Five Facts About PEPE Meme Coin:
- ✅ PEPE Coin is a memecoin based on the Pepe the Frog internet meme. (Source: Team Research)
- ✅ PEPE Coin gained popularity and reached a $1.6 billion market cap, but has since fallen over 60%. (Source: Team Research)
- ✅ It is built as an ERC-20 token on the Ethereum blockchain, with a circulating supply of 420,690,000,000,000 tokens. (Source: Team Research)
- ✅ The creators have renounced ownership of the contract, but there are inherent risks associated with investment in anonymous projects. (Source: Team Research)
- ✅ PEPE Coin is associated with the alt-right movement, causing tension with Coinbase. (Source: Team Research)
FAQs about What Is Pepe Meme Coin?
What is PEPE meme coin?
PEPE coin is a memecoin based on the Pepe the Frog internet meme, which was launched in mid-April 2023. It gained considerable attention in the crypto market and reached a $1.6 billion market cap, but has since fallen over 60%. It is an ERC-20 token on the Ethereum blockchain with a circulating supply of 420,690,000,000,000 tokens.
What sets Pepe Coin apart from other memecoins?
Pepe Coin distinguishes itself from other memecoins through its association with the alt-right movement, which has caused tension with Coinbase. This association has caused controversy on social media platforms like Twitter and has led to concerns for some traders regarding the safety of investing in the token.
What are the risks associated with investing in Pepe Coin?
As with all anonymous projects, there are inherent risks associated with investment in Pepe coin. While the creators have renounced ownership of the contract, the anonymity of the project can make it difficult to fully understand the nature and potential risks of the investment. Additionally, the swings in value over the last week have tripped up many traders, causing significant losses.
What caused the drop in Pepe Coin’s value?
Pepe Coin had gained popularity and reached a $1.6 billion market cap, but since then, the value of the token has dropped over 60%. The exact reason for this drop is unclear, but it is likely attributed to the volatile nature of memecoins in general, as well as the controversies surrounding Pepe’s association with the alt-right movement.
Is Pepe Coin part of the memecoin phenomenon?
Yes, Pepe Coin is part of the memecoin phenomenon that gained popularity in 2021, in large part due to the surge of Dogecoin and Shiba Inu. While the success of Pepe Coin highlights the growing influence of memes on today’s online and financial landscapes, most memecoins do tend to turn into barely traded zombies, and the future of Pepe Coin remains uncertain.
What is the liquidity of Pepe Coin?
The liquidity of Pepe Coin is a concern for traders, as the token has experienced significant swings in value over the last week, causing many to lose money. Additionally, given the controversy surrounding Pepe’s association with the alt-right movement, some exchanges may be hesitant to offer liquidity for the token, further adding to the concerns of investors.