Pepe (PEPE) - Coin of the Week
PEPE is a memecoin launched on the Ethereum network. The cryptocurrency was developed based on the Pepe the Frog meme, created by Matt Furie, which gained popularity in the early 2000s.
The project aims to capitalize on the popularity of meme coins, such as Shiba Inu and Dogecoin, and wants to establish itself as one of the most important meme coins. PEPE appeals to the cryptocurrency community by establishing a tax-free policy, a redistributive system that rewards staking users and a mechanism that keeps the number of units in circulation at a fixed level.
History of PEPE
In 2016, a group of developers created PEPECASH, a digital asset built on the Counterparty platform. PEPECASH was designed to be used as a means of payment in a decentralized trading card game called "Rare Pepe Wallet". The game was built on the Bitcoin blockchain and allowed players to exchange digital cards with different variants of the Pepe meme.
In 2017, the PEPE coin was created as an ERC-20 token on the Ethereum blockchain, offering users a more flexible and efficient platform for trading and holding the digital asset. The PEPE project was launched with the aim of creating a decentralized ecosystem for Pepe collectors and enthusiasts.
How does PEPE coin work?
Pepe Coin uses a deflationary mechanism that removes a small percentage of units with each transaction to create a deficit. In addition, it uses a redistribution system where a portion of each transaction is distributed to existing token holders to encourage user engagement and long-term investment.
PEPE coin use-cases
- NFTs
- DeFi
- Gaming
For more information about PEPE, visit the dedicated PEPE page.
Financial Indicators
Market Cap: 611 million EURO
PEPE price today: 0.000001565 EURO
Transaction volume (24h): 381 million EURO
How to buy PEPE?
On Tradesilvania, you can buy, sell, keep, or transfer the PEPE cryptocurrency or other types of cryptocurrencies, such as Ethereum (ETH) and Solana (SOL).