Pepe

PEPE is a cryptocurrency token that is inspired by the popular Pepe the Frog internet meme, which gained significant cultural prominence during the 2000s and 2010s. Memecoins are a type of cryptocurrency that are named after and inspired by popular internet memes and cultural phenomena. The most well-known example is Dogecoin, which rose to prominence in the early 2010s. PEPE was introduced as an ERC-20 token, built on the Ethereum blockchain ecosystem, in April 2023. The creators of PEPE have no official connection to the original creator of the Pepe the Frog character, Matt Furie. Despite this, PEPE quickly gained significant attention and traction within the cryptocurrency community. Within just two weeks of its launch, PEPE had already amassed a market capitalization of over $500 million, highlighting the hype and speculative interest surrounding this memecoin. Unlike many other cryptocurrencies that aim to have real-world utility, PEPE was created solely as a collectible and tradable asset. It has no inherent use cases or functionality beyond being bought, sold, and traded on cryptocurrency exchanges and decentralized platforms. The total maximum supply of PEPE tokens was set at 420,690,000,000,000 upon launch, with all of these tokens being immediately available.