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Cryptocurrency exchange

What is Pepe coin? A guide to the meme cryptocurrency trend

It shares the fun vibe of Dogecoin but is 11 best freelance wordpress developers hire in 48 hours really just about having a good time, without any serious use cases in mind. Dogecoin started as a lighthearted joke based on the Shiba Inu meme but has since found real-world use cases, like tipping and charitable donations. The article tries to figure out if TRON is a good option for investing money in July 2025, considering its advantages, risks and overall price history. While this isn’t always the case with anonymous creators, it certainly pays to be mindful when approaching these kinds of projects. Every bull cycle has its headliners, but the ones that tend to offer real ROI are those that show real work before launch.

Where to buy Pepe coin?

A meme coin is a cryptocurrency that draws its inspiration from popular internet memes that are designed to capture the attention of both meme lovers and social media users. Because of this, they are considered a very high-risk but potentially high-reward type of investment among crypto traders and investors. Memecoins are a type of cryptocurrency that often gain popularity through social media and internet culture. These digital assets typically lack serious use cases and are driven by community engagement and memes. Memecoins play an important role in the cryptocurrency ecosystem by adding fun and community engagement. They make cryptocurrency more relatable and accessible to a broader audience, democratizing access to digital assets.

The overall sentiment in the market is currently mixed, with about 42% showing bullishness. Fully diluted valuation (FDV) is calculated by multiplying the max supply by the current price of the token. This metric gives insight into what the market cap would be if all tokens were in circulation. A higher circulating supply may suggest a lower price per token, while a lower supply can indicate scarcity, often leading to higher prices. Understanding circulating supply allows investors to gauge the token’s market dynamics and liquidity.

Apemax Coin: The Cryptocurrency Shaping the Future

It is a memecoin that draws inspiration from the popular meme character, Pepe the Frog. This section covers what Pepe Crypto is and explores the concept of memecoins. Pepe coin is a popular cryptocurrency for those looking for an alternative to traditional forms of investing and legacy banking. The risk factor is high with these kinds of meme coins, which can be attractive to traders seeking the adrenalin rush of dynamic pricing and crypto speculation. Experts speculate that the upcoming Bitcoin halving in April 2024 will lift the crypto market as a whole — ethereum mining profitability 2020 a phenomenon seen after past halving events.

Coinbase Wallet, Zengo Wallet, and OKX Wallet are all solid options for safely and securely storing your PEPE. If you are looking for a hardware option, Ledger, Trezor, and SafePal are all leading options.

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  • Once you’ve created your account, you’ll need to deposit funds via payment modes including bank transfers, credit cards, PayPal and other cryptocurrencies.
  • The deflationary model promotes scarcity, benefiting long-term holders and motivating users to hold onto their tokens instead of quickly spending or selling them.
  • DexTools and Dex.Guru are essential for tracking Pepe Coin on decentralized exchanges.
  • Ethan Blackburn works as a full-time content writer and editor specializing in online gaming and sports betting content.

The developers focused on basic functionality rather than experimental features. The ERC-20 standard defines how Pepe Coin works within Ethereum. This allows easy storage of Pepe alongside other tokens in the same wallet. This choice offers immediate advantages that a new blockchain couldn’t. Building on Ethereum makes perfect sense for a meme-based token. Pepe Coin’s technical design is elegantly simple compared to other cryptocurrencies.

  • By participating in these DeFi activities, holders can earn rewards and contribute to the overall liquidity and stability of the ecosystem.
  • The meaning of PEPE is critical, if not much about cryptocurrency from an investment point of view.
  • This pattern could lead to recovery if buyer interest returns.

The current market capitalization of approximately $3 billion places PEPE among the top 40 cryptocurrencies in terms of valuation. The cryptocurrency launch occurred without a presale or developer allocation, meaning the creators had to purchase their tokens on the market like any other investor. This approach was perceived positively by the community, who saw it as a coinbase how long does it take to transfer money how to turn bitcoin into cash reddit sign of fairness in the initial distribution.

This decision means they purportedly no longer have any control over the cryptocurrency, including the ability to modify its code. This feature has become increasingly popular among crypto creators as a means of mitigating fears of rug pulls and other fraudulent activity. However, traders should not rely upon this exclusively and this does not mean that there aren’t any risks when dealing with these types of projects. There are currently 391,790,000,000,000 (~93%) PEPE tokens in circulation. The team sent these tokens to liquidity pools for trading, and burned (permanently destroyed) their liquidity provider tokens (LP tokens).

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The first phase has already been accomplished, with the coin stealth-dropped, creating a buzz on social media platforms, and listing on significant exchanges. Moreover, PEPE also surpassed its initial target of one thousand holders. Just 20 days after Pepe’s launch in 2023, it skyrocketed to a market capitalization of $1 billion. Its listing on major exchanges like Binance, OKX, Huobi, and Gate.io has played a huge role in attracting a diverse and enthusiastic user base.

Contact the product issuer directly for a copy of the PDS, TMD and other documentation. Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available.

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It takes a pragmatic approach, avoiding unnecessary complexity. This simplicity contributes to its accessibility and widespread adoption among crypto fans. Pepe Coin’s developers made a strategic decision to use this cultural icon. They tapped into a built-in audience and recognition factor for their new cryptocurrency.

Tokenomics and Pepe Coin price history

The hunt for the top presale crypto 2025 projects is heating up as investors look for more than hype and whitepapers. This cycle is highlighting tokens that bring real features, visible adoption, and working ecosystems before launch. From infrastructure-ready platforms to meme tokens with sticky communities, September has revealed a set of presales that stand out across very different narratives. Memecoins also serve as entry points for new users into the crypto space due to their approachable and familiar branding.

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