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What is Pepe (PEPE)?

Pepe basic info

Name:Pepe
Ticker:
Introduction:

What Is Pepe?

Pepe is a meme coin with a market capitalization of over US$300 million. This digital currency is inspired by the widely recognized internet meme, Pepe the Frog, which was created by artist Matt Furie in 2005. The meme, characterized by the caption “Feels Good Man,” rapidly gained traction and established itself as a significant internet cultural icon.

The coin was introduced to the market in April 2023, aiming to merge the decentralized benefits of blockchain">blockchain technology with the universal appeal of the Pepe meme. While Pepe the Frog started as a harmless internet joke, it later became associated with various controversial groups in the mid-2010s. The meme's creator, Matt Furie, has since been working diligently to reclaim its original, benign image.

Resources

Official Website: https://www.pepe.vip/

How Does Pepe Work?

PepeCoin operates with a unique redistribution mechanism. A specific percentage of every transaction is set aside to reward existing token holders, incentivizing community participation and long-term holding. This system is designed to foster a sense of community and reward those who believe in the coin's potential.

To ensure its value and appeal, PepeCoin has implemented a burning mechanism. Despite its vast maximum supply of over 420 trillion coins, a regular burning of tokens is carried out to maintain scarcity and, by extension, value. This number, 420 trillion, is a humorous nod to internet culture, referencing both "420" (associated with cannabis culture) and "69."

Furthermore, PepeCoin has adopted a "No Taxes, No Bullshit" policy. This approach ensures that fees associated with trading the coin are kept to a minimum, making transactions smoother and more appealing to potential investors.

Pepe's Impact on the Finance

Pepe's emergence in the cryptocurrency landscape exemplifies the transformative power of internet culture on modern finance. As a meme coin inspired by the widely recognized Pepe the Frog meme, Pepe has not only garnered significant attention but also challenged traditional financial paradigms by turning a digital joke into a tangible asset. Its rapid adoption and the community's fervent support underscore a broader trend: the fusion of popular culture with financial instruments. This confluence has the potential to reshape investment strategies, attract a new generation of digital-native investors, and redefine what assets in the digital age can truly represent.

What Determines Pepe's Price

In the dynamic world of cryptocurrencies, the PEPE coin has emerged as a notable player, drawing significant attention and investment. The PEPE coin price has experienced a roller-coaster ride since its inception in April 2023, with its market capitalization hitting a staggering $1.5 billion at one point. The PEPE cryptocurrency price is heavily influenced by the meme culture that surrounds it, with the community and the founding team actively using frog-themed memes on social media platforms to fuel its popularity. This strategy has been somewhat successful, as evidenced by the PEPE coin's current value of around $264 million as of September 2023, a testament to its ability to retain substantial value despite lacking a commercial use case or a robust ecosystem commonly found in other cryptocurrencies.

Inspired by the infamous "Pepe the Frog" meme created by Matt Furie, the PEPE coin operates on a culture-based speculative model, similar to other memecoins like Dogecoin and Shiba Inu. The PEPE coin price today is a result of a fervent community rallying behind the meme culture, often overlooking the fundamental economics that typically govern asset valuation. Despite this, PEPE coin investment has proven lucrative for early investors, with the coin experiencing a significant price surge shortly after its launch. The PEPE cryptocurrency trading activity is vibrant, with platforms like Bitget offering trading pairs for enthusiasts looking to buy PEPE coins.

However, potential investors should tread carefully, as the PEPE coin forecast remains highly speculative. The PEPE cryptocurrency news often highlights the coin's lack of a solid foundation, relying heavily on community engagement and meme propagation for its valuation. While the PEPE coin's historical price shows moments of substantial gains, it has also witnessed considerable dips, illustrating the volatile nature of such investments. The PEPE market cap, although impressive, is still dwarfed by other established memecoins, indicating that it might be in the early stages of its development.

In conclusion, the PEPE coin's current value is a testament to the power of culture and community in the cryptocurrency space. While it lacks the fundamental underpinnings seen in other cryptocurrencies, its success cannot be ignored. Investors keen on the PEPE token should remain vigilant, keeping an eye on the PEPE cryptocurrency price chart for potential opportunities and trends.

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Current price:
All-time high:$0.{4}2825
All-time low:$0.{7}2764

PEPE supply and tokenomics

Circulating supply:420,689,900,000,000 PEPE
Total supply:420,689,899,999,994.8 PEPE
Max supply:420,690,000,000,000 PEPE
Market cap:$7.60B
Fully diluted market cap:$7.60B

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Buy Pepe for $1Buy PEPE now

What is the development prospect and future value of PEPE?

The market value of PEPE currently stands at $7.60B, and its market ranking is #24. The value of PEPE is widely recognized by the market. When the bull market comes, the market value of PEPE will likely continue to increase.

Moreover, if PEPE can play a greater role in practical applications, such as Pepe builders fully leveraging the potential of PEPE, partnering with more businesses, and increasing its user base, the long-term value of PEPE will be significantly enhanced.

What will the price of PEPE be in 2025?
Based on PEPE's historical price performance prediction model, the price of PEPE is projected to reach $0.{4}1774 in 2025.
What will the price of PEPE be in 2030?
In 2030, the PEPE price is expected to change by +6.00%. By the end of 2030, the PEPE price is projected to reach $0.{4}2011, with a cumulative ROI of +13.60%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of PEPE and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is PEPE worth investing or holding? How to buy PEPE from a crypto exchange?

If you want to buy PEPE, the following information may be helpful for your investment decisions:
In the last 7 days, the price of PEPE has fallen by -23.53%, leading to negative returns for most PEPE investors. The market is currently pessimistic about the price trend of PEPE.
It is important to note that the current price of PEPE has retreated by -36.06% from its all-time high. This coin is currently considered medium-risk, and its price may rebound or continue to fall.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether PEPE is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in PEPE or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of PEPE, if you want to buy or sell PEPE, you can consider Bitget for your trading needs. The best place to buy PEPE is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Pepe has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Pepe. Here's a step-by-step guide on how to buy Pepe on Bitget.

How to get Pepe through other methods?

Using cash to buy Pepe is not the only way to obtain Pepe. If you have the time to spare, you can get Pepe for free.
Learn how to earn Pepe for free through the Learn2Earn promotion.
Earn free Pepe by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Pepe airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Pepe through Bitget Convert, Bitget Swap, or spot trading.

What is Pepe used for and how to use Pepe?

The use case of Pepe may expand as the crypto market and the project itself develop. Currently, you can use PEPE to achieve the following goals:
Arbitrage by trading PEPE: Since PEPE is a frequently traded cryptocurrency, the price of PEPE is always fluctuating. Earn more PEPE by buying low and selling high on the exchange. Bitget spot market provides a variety of PEPE trading pairs to fully meet your needs.
Earn by staking PEPE: You can also generate income through financial management methods such as staking PEPE or lending PEPE. Bitget Earn offers a variety of financial products designed to help you earn more income from your PEPE.
Send or pay PEPE: If you want to give PEPE to your friends, a charity, or a fundraiser, or you want to pay someone with PEPE, you can quickly and easily send PEPE to the recipient through their payment address.
You can also go to the official website of the Pepe project to learn more about the use cases of PEPE. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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PEPE resources

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PEPE price calculator

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PEPE
USD
1 PEPE = 0.{4}1817 USD
Last updated (UTC-0)
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