The remaining tokens are reportedly held by the creator(s) of the Pepe crypto project, in a multi-signature crypto wallet. According to the website, these tokens are set aside for future development and listing purposes. On April 19th, a new cryptocurrency project launched in homage to the well-loved Pepe the Frog. Pepe is a green, amphibious cartoon character that originated from a 2005 comic entitled The Boy’s Club, created by Matt Furie.
History of PEPE Coin
Another trader temporarily tanked the price of PEPE by almost 50% as they cashed out $678,000 worth of the token. The purpose of this website is solely to display information regarding the products and services available on the Crypto.com App. It is not intended to offer access to any of such products and services. You may obtain access to such products and services on the Crypto.com App.
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However, it’s important to note that the investor who bought those 5.9 trillion tokens may have a difficult time selling them at the current price, given PEPE’s relatively low liquidity pool. The process of calling an Ethereum smart contract and launching a token is inexpensive and easy, though generating liquidity can be a more difficult challenge. In the first few days of its existence, PEPE quickly rose to prominence because of a high-profile purchase that captivated the cryptocurrency community on Twitter. If you would like to know where to buy Pepe at the current rate, the top cryptocurrency exchanges for trading in Pepe stock are currently Binance, Bybit, BYDFi, OKX, and DigiFinex. PEPE employs a redistribution system that rewards long-term stakers, offering them incentives to remain committed to the project.
Pepe Coin price PEPE
Since CoinGecko began tracking it on April 18, one day after its debut, the Pepe token has increased more than 900% in price—it’s now listed on major exchanges like Crypto.com and Binance. Unlike many other meme coins, which offer an even more basic setup than Pepe, the token has a roadmap. Most of the goals in Phase-1 — including 1,000 holders, setting up a donation wallet, and creating a website — have been reached. By now, the project is well into Phase-2 and launched a marketing campaign, getting listed on VoltiChange.
Download the Metamask app or your preferred wallet from the App Store or Google Play Store at no cost. If you’re using a desktop, obtain the Google Chrome extension by visiting metamask.io. We prioritize marketing efforts to foster sustained growth and prosperity within our community. With a dedicated team, we execute strategic marketing campaigns and forge valuable partnerships.
Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 877 exchanges. Built on the Ethereum blockchain, the project seeks to leverage the success of meme coins, such as Shiba Inu and Dogecoin, and aims to become a leading meme-based cryptocurrency. PEPE aims to attract the crypto community by implementing a no-tax policy, a redistribution system that benefits long-term stakers, and a burning mechanism to preserve the scarcity of PEPE coin. The PEPE coin is a meme coin built upon the legacy of Pepe the Frog, a popular internet character. The cryptocurrency draws on the lighthearted and humorous nature of the meme to create a unique and engaging digital asset.
As a result, SQUID tokens quickly plummeted to zero on decentralized exchanges. Experts speculate that the upcoming Bitcoin halving in April 2024 will lift the crypto market as a whole — a phenomenon how do you calculate rent revenue seen after past halving events. However, meme coins are highly volatile and speculative, and other factors in the macroeconomic environment and crypto space could influence PEPE’s price either way.
- PEPE entered like a boom in the crypto world and has shook the meme coin world totally by surprise.
- If you’re using a desktop, obtain the Google Chrome extension by visiting metamask.io.
- Dogecoin, created in late 2013 by developers Billy Markus and Jackson Palmer, was arguably the first memecoin to land on the market.
While hype around the meme token continues to build, some early investors have been cashing out. One trader sold $2 million worth of the token using MetaMask swaps. They ended up losing $350,000 as they were https://cryptolisting.org/ hit with 25% slippage due to minimal liquidity. The world of crypto is a pseudonymous slurry of nicknames, numbers, and memes. Smart contract exploits are a common risk with any type of cryptocurrency.
While the official Pepe Coin website says that the token has no intrinsic value or expectation of financial return, the number of holders continues to be impressive. Our ecosystem is built on reflection-based tokenomics, creating a robust and rewarding framework. Our tokenomics structure incorporates token burns, liquidity fees, and more, ensuring the strength and sustainability of our system. $PEPE is a revolutionary cryptocurrency that reigns supreme among all Pepe coins. Thus, as one meme coin closes its doors, another’s seems to open.
Pepe coin’s price has already experienced significant changes in price over its short lifespan. It’s entirely possible volatility could continue to increase as new features emerge and more traders join the market. On the official PEPE website, the crypto project expressly mentions it has no affiliation with Pepe the Frog’s creator Matt Furie. The Pepe project and its native token simply exist as a fan-driven platform that seeks to further expand the utility and success of the famous frog.
Please note that the availability of the products and services on the Crypto.com App is subject to jurisdictional limitations. Crypto.com may not offer certain products, features and/or services on the Crypto.com App in certain jurisdictions due to potential or actual regulatory restrictions. Once registered, you can charge your account via bank transfer, Apple Pay, or credit/debit card payment. While bank transfers might take 1-3 business days to process, Apple Pay and credit card payments are processed within seconds and ready to use for your first PEPE purchase.
Like other meme coins, PEPE has no solid foundation and strong intrinsic values, thus, many fear that this rally might not sustain for long. And, literally no one knows how long the upside momentum will continue for PEPE, before the bears step in. PEPE coin is just like another meme coin which does not hold any fundamental and intrinsic value and has no utility. In fact, it is regarded as the most “memeable” meme coin built on the Ethereum blockchain and works as an ERC token. In early April, the Twitter account @pepecoineth posted a photo of a cartoonish green frog wearing a red cap emblazoned with “Make Memecoins Great Again,” referring to Donald Trump’s presidential slogan.
This approach encourages coin stability by rewarding users for holding the token rather than selling it quickly. Additionally, PEPE features a burning mechanism whereby a portion of the coins are permanently removed from circulation on a regular basis. This aims to maintain scarcity despite the coin’s 420,690,000,000,000 maximum supply.
Because of their virality, popular meme coins can be prone to especially high price volatility. In part, this is due to the sector’s reputation for being very high-risk but potentially high-reward. It’s true, some have successfully profited from the sharp price movements of meme coins.
Volt Inu and VoltiChange are affiliated with Pepe via VoltiChange’s widget integration directly onto Pepe Coin’s website. Volt Inu claims to be the first deflationary decentralised exchange (DEX), offering VoltiChange, which automatically lists and makes any Uniswap or PancakeSwap project deflationary — for free. Set the desired slippage, click “buy,” and be prepared to adjust the slippage during times of market volatility if necessary. Paste the $PEPE token address into UNISWAP, select $PEPE, and confirm the transaction.
With its distinctive royal branding and a passionate community of followers, Pepe has established itself as the ultimate ruler in the Pepe coin universe. Its decentralized nature ensures transparency and security, allowing users to trade and hold their wealth with confidence. As the King of all Pepe coins, Pepe represents a new era of digital currency, where humor, creativity, and financial innovation converge.
