Pepe (PEPE) is a deflationary memecoin launched on the Ethereum network. The cryptocurrency pays homage to the Pepe the Frog internet meme, conceived by Matt Furie and popularized in the early 2000s.
What is PEPE Token?
Aiming to capitalize on the success of meme coins such as Shiba Inu and Dogecoin, the project aspires to become a premier meme-based cryptocurrency. PEPE entices the cryptocurrency community with a tax-free policy, a redistributive system rewarding long-term stakers, and a burn mechanism to maintain the coin’s scarcity.
PEPE’s roadmap comprises three phases: Phase one includes CoinMarketCap listing and $PEPE trending on Twitter, phase two entails listing on centralized exchanges (CEXs), and phase three involves “tier 1” exchange listings and a so-called “meme takeover.”
PEPE strives to differentiate itself in the meme coin market by building on Pepe the Frog’s enduring and contentious legacy. The project’s dedication to honoring this character distinguishes it from other cryptocurrencies and potentially enhances its appeal within the crypto community.
The redistributive system further differentiates PEPE, as it rewards long-term stakers and encourages users to hold the token. By doing so, the project seeks to incentivize investors and bolster the likelihood of long-term success.
PEPE’s burn mechanism accentuates its distinctiveness, aiming to preserve market scarcity. Lastly, the tax-free policy differentiates PEPE from competing cryptocurrencies. By eliminating transaction fees, the project can attract a broader audience and expand its user base.
PEPE Coin Overview
Presently, PEPE’s founders remain anonymous, a common occurrence in the cryptocurrency realm. While the team behind the project remains enigmatic, they have effectively garnered attention through social media platforms like Twitter, promoting their meme coin and fostering a memecoin community.
CoinMarketCap data ranks PEPE Coin 2616th. At the time of writing, PEPE Coin traded at $0.000002805, with a 24-hour trading volume of $904,123,886. PEPE Coin reached a low of $0.00000002764 on April 17, 2023, and broke its all-time record of $0.000002746 on May 5, 2023.
How to Buy PEPE Coin?
Binance, the world’s preeminent cryptocurrency trading platform by trading volume, offers a rapid and secure means of purchasing Pepe Coin.
To acquire Pepe Coin, one must first register as a Binance member and subsequently transfer fiat currency. After submitting a fiat currency such as Turkish Lira or US dollars, transactions can be executed on the Tether (USDT) trading pair where Pepe Coin is listed. PEPE trading on Binance will commence at 19:00 on May 5, 2023.
Furthermore, Binance permits users to place purchase orders not only at market value but also at reduced valuations, enabling users to buy at their preferred price points. Utilize the Limit tab, input the desired purchase amount and price, and proceed accordingly.
