Cryptocurrency Knowledge

What is PEPE?

GET TO KNOW PEPE

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What is PEPE (PEPE)?

Pepe (PEPE) is a meme cryptocurrency launched on April 17, 2022, built on the Ethereum blockchain.
Inspired by the popular internet meme character Pepe the Frog, created by Matt Furie
The token has gained immense popularity in the cryptocurrency market and has risen to prominence among other meme coins.
Like Dogecoin and Shiba Inu quickly

Founder/Date Founded:

Pepe (PEPE) was launched by an initially anonymous user
However, a later disclosure identified Zachary Testa as the founder of the PEPE token.
Testa's identity was made public after its release a few months, amid talk and controversy.
About the management of the token and some financial activities related to him

Objective/Use Case:

Pepe (PEPE) is a meme coin that takes advantage of the popularity of the Pepe the Frog meme
Aiming to create a community-driven digital asset
Although there are no traditional use cases or natural utilities like other cryptocurrencies.
But it has several purposes within its ecosystem.
This token promotes a strong community around the Pepe meme, encourages engagement and engagement through social media platforms.
This aspect of the community is of great importance for its popularity and presence in the market.

Total supply/Limit or Unlimited:

Pepe (PEPE) has a total supply and a peak supply of 420.69 trillion tokens (420.69T PEPE).
This means that the supply is limited. PEPE has a fixed amount of tokens and not an unlimited number of tokens.

Supply Deflation:

PEPE will use a deflationary mechanism where some tokens are burned on each transaction.
But the total amount of tokens will remain at the maximum number set. Therefore, PEPE has a fixed amount of tokens.

Source:

pepe.vip

koinly.io/blog/what-is-pepe-coin

news.abplive.com

coinmarketcap.com/currencies/pepe

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