Pepe coin is a cryptocurrency that was released recently and is based on the Ethereum blockchain. Like other meme coins, it is based on a popular internet meme and has no real-world utilization, features, or clear roadmap. Its mascot is inspired by the “Pepe the Frog” meme, which was created by Matt Furie. The creators of Pepe coin prefer to remain anonymous, and there is no established team behind the token.
Pepe coin has a circulating supply of 420,690,000,000,000 (420 trillion) coins, of which 93.1% have already been distributed. The coin has seen a remarkable increase in its market capitalization since its launch, with the figure reaching over $420 million in less than three weeks. It is traded on major exchanges such as Huobi, MEXC, OKX, and others, as well as decentralized exchanges such as Uniswap.
Pepe coin does not have any intrinsic value or expectation of financial return, and it is for entertainment purposes only.