Pepe: everything you need to know about PEPE

What is Pepe?

Pepe Coin, inspired by the "Pepe the Frog" meme, is a memecoin that aims to outperform other memecoins like DOGE and SHIBA. It is an ERC20 token built on the Ethereum blockchain. Pepe Coin has a deflationary mechanism where each transaction burns a small percentage of tokens, reducing the total supply over time. This can increase the value of the coin and make it more attractive. Additionally, Pepe Coin has a redistribution system where a portion of each transaction is distributed among existing token holders. The team behind Pepe Coin emphasizes community engagement and development, actively communicating with users via social media.

How does Pepe work?

Pepe Coin was originally designed to use a deflationary mechanism that burns a small percentage of tokens with each transaction. This was intended to create scarcity and hopefully increase the value of the remaining tokens over time.

At the time of launch, project team members also implemented a redistribution system that allowed a portion of each transaction to be distributed among existing token holders. This feature was intended to promote user engagement and encourage long-term investments.

The PEPE token.

The total token supply of Pepe Coin is enormous, with 420,690,000,000,000 tokens. Although the official website of Pepe Coin states that the coin has no intrinsic value or expectation of financial return, Pepe Coin has built a dedicated community that is enthusiastic about the future of this meme coin.

The technology behind PEPE

Pepe Coin projects often use existing blockchain infrastructures and token standards. The innovation lies more in the marketing and community-building surrounding the meme, rather than in technological advancements.

The Pepe coin ecosystem

The Pepe Coin ecosystem is a unique and dynamic environment that focuses on creating an interactive and engaged community around the Pepe meme. Users can earn and spend Pepe Coins within a range of online platforms and social media, where they engage in activities such as sharing memes, participating in community projects, and contributing to discussions.

Benefits of Pepe

Pepe Coin is an Ethereum-based digital currency that distinguishes itself by unique features such as a deflationary mechanism, a redistribution system, and a tax-free policy. These features contribute to the stability and long-term success of Pepe Coin.

• Deflationary Mechanism: With each transaction, a small percentage of the tokens is burned, reducing the total supply over time. This burning mechanism helps maintain the scarcity of Pepe Coin and increases its attractiveness to investors.
• Redistribution system: Pepe Coin uses a system that allocates 1% of each transaction to a pool that is distributed among all holders every hour. This reward system encourages long-term holding and adds an additional incentive for investors to support the growth of Pepe Coin.
• No Tax Policy: Pepe Coin has a policy without taxes, which means that users can trade and execute transactions without any additional fees. This is in contrast to other cryptocurrencies where taxes can be imposed on transactions, which could be an additional burden for traders and investors.

Disadvantages of Pepe

No intrinsic value: The official website of Pepe Coin indicates that the coin itself has no intrinsic value and does not create expectations of financial returns.

Who is the founder of Pepe?

The founder of Pepe Coin was initially anonymous, but it was later revealed that Zachary Testa, a landscape photographer, is the founder. This revelation was made by Pauly, also known as Jeremy Cahen and founder of NotLarvaLabs, on Twitter. Pauly claimed that Zachary Testa had bought a purple Lamborghini worth $865,000 with the profits from Pepe Coin and accused him of not sharing any profits with Matt Furie, the original creator of the Pepe the Frog meme.

Zachary Testa, 26 years old and a graduate in marketing from Arizona State University, is a professional landscape and aerial photographer with a personal website where he showcases his work. After revealing his identity as the founder of Pepe Coin, more than 17 trillion tokens worth $18 million were transferred to major crypto exchanges from the team's multi-signature wallet. This led to a price drop of Pepe Coin by more than 15% on August 25, 2023.

Expectations for the coming period

Experts expect a minimum price of €0.00005720 in 2026 and a minimum price of €0.000189 in 2031.

Frequently asked questions