Pepe is a meme coin inspired by Pepe the Frog, a cartoon character drawn by Matt Furie and very popular on the internet. The native cryptocurrency of the Pepe project is PEPE, also named after the project. In this article, we will look for answers to questions such as what is Pepe, what does it do and what are its advantages.
What is Pepe (PEPE)? What Does It Do?
The cartoon character Pepe the Frog, created by cartoonist Matt Furie in 2005, has managed to increase its popularity in the internet world day by day. The frog, whose body resembles that of a human, has become an internet memedue to the intense interest in the cartoon character’s cartoons. Social media has been the driving force behind the popularity of the cartoon character Pepe the Frog.
Although the Pepe project was created in reference to the cartoon character Pepe the Frog, it is important to note that there is no direct connection. Again, in case of confusion, it should be noted that the Pepe project is not remotely or closely related to Pepee, a Turkish cartoon series.
The Pepe the Frog cartoon character was so popular that the Pepe project was launched without any pre-sales. Pepe, like many cryptocurrencies, is decentralized and open source. The Pepe project is similar to the popularity of meme coins such as Shiba Inu and Dogecoin. Accordingly, it strives to be recognized as one of the best meme-based cryptocurrencies.
Pepe offers a rewarding system for those who hold PEPE, the project’s native cryptocurrency. Users who stake PEPE for the long term are rewarded by the project. The fact that the Pepe project maintains a tax-free policy and has an incineration mechanism is a driving force in reaching more investors.
PEPE, the native cryptocurrency of the Pepe project, can be used for staking, as a means of connection between specific internet communities, to support humor content, to be stored as a collection, and to trade. The fact that the PEPE meme coin managed to be among the top 100 projects in the first weeks of its launch is one of the indicators that the Pepe project has created a great sensation.
How does Pepe work?
The Pepe project uses a deflationary mechanism that burns a small percentage of itself in each transaction to reduce the amount of PEPE available each day and potentially increase the value of its available units over time.
In addition, it has a redistribution system where a portion of each transaction is given to PEPE holders to encourage user participation and long-term investment.
What Advantages Does Pepe Offer?
It would not be wrong to say that the Pepe project is a cheerful formation. At this point, the advantages offered by the Pepe project are also in this minval.
- Community Driven:
At its most basic, PEPE is a cryptocurrency created for a specific internet community. A common interest and experience of community members can be consolidated through the pepe project. It is also effective in creating a sense of unity and solidarity within the community.
- Entertainment and Humor:
Pepe is at the forefront as a cryptocurrency based on humor and fun. With the PEPE cryptocurrency, users can take part in fun activities and support humor content.
- Innovation in the Cryptocurrency Ecosystem:
Meme-themed or community-driven cryptocurrencies like PEPE add diversity to the cryptocurrency ecosystem and offer different experiences. Such projects can foster creativity and innovation in cryptocurrency technology.
Who are the Founders of Pepe?
Pepe was inspired by the cartoon character Pepe the Frog, first created by Matt Furie in 2005. However, the Pepe project has no direct connection to the cartoon character created by Matt Furie. It is even known at this point that the founders of the Pepe project are anonymous. While some people find this interesting, it should be remembered that the developers of many projects are anonymous.
Although the Pepe project was first created in 2016, it was launched in 2023 without any pre-sales. Considering the project website, it is seen that the Pepe team consists of more than 8 people.
What Other Things to Know About Pepe (PEPE)?
To find out a little more about Pepe (PEPE), it is useful to look at the answers to some of the following questions.
Is PEPE a token? Or is it a coin?
Coin is a cryptocurrency created on its own blockchain. A token is a cryptocurrency that does not have its own blockchain and is created on an existing blockchain. PEPE is a token because it does not have its own blockchain.
Which blockchain is the PEPE token on?
The PEPE token was created on the Ethereum blockchain in accordance with the ERC-20 standard.
Is PEPE token mining done?
PEPE is not mined in the classical sense. However, users can be rewarded through staking.
How to buy PEPE token?
To buy PEPE tokens, it is sufficient to create a membership on ICRYPEX. Once the membership process is complete, it is fast, easy and secure to trade PEPE tokens and other cryptocurrencies.
How to Become a Member of ICRYPEX?
After visiting www.icrypex.com from a browser, you can click on the “SUBSCRIBE” button at the top right of the page, fill in the required information and you can easily create your membership.
From mobile devices, primarily;
Android users can download our app by clicking here, Apple users by clicking here and HUAWEI users by clicking here. After logging in to the application, you can click on the menu icon at the top left, then click on “SUBSCRIBE” to fill in the required information and easily create your membership.
