The article is addedd on 2023-05-19 12:11:29 by Miroslav Trifonov

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The crypto community has been enthralled by a new cryptocurrency initiative that pays homage to the adored Pepe the Frog.

The Pepe (PEPE) coin, named after the recognizable green cartoon figure that has become a global internet celebrity, was introduced on April 19. This fan-driven effort, developed by an unnamed team of programmers, intends to increase the usefulness and popularity of the fabled creature.

Market Liquidity

Since its launch, PEPE has seen a lot of price volatility. It started trading at roughly $0.00000006036401729083 and increased by an astounding 6,879% until hitting its all-time high of $0.000004213 on May 5, 2023.

To foster confidence and openness, the project's developers have given up ownership of the contract, which has a total supply of 420,690,000,000,000 PEPE coins. Investors should use caution, though, as there are hazards specific to the cryptocurrency industry, such as rug pulls and imitation schemes.

Looking Ahead: Pepe (PEPE), which has its roots in meme culture and a devoted community, has become a dynamic addition to the cryptocurrency scene despite these concerns. It will be interesting to watch how Pepe's adventure develops as a unique digital asset as the project moves forward.

What To Be Expected

Although PEPE Coin now offers borderless and pseudonymous transactions, operating like any other cryptocurrency, its roadmap suggests big intentions to overhaul the meme coin experience.

PEPE Coin is an ERC-20 token built on the Ethereum blockchain that takes advantage of the network's proof-of-stake validators, although users should be aware of Ethereum gas costs while using the coin in transactions.