Digital Assets > PEPE
Pepe
Last Updated: June 26, 2024
PEPE is a meme coin building upon the legacy of Pepe the Frog, created by Matt Furie, which gained popularity in the early 2000s.
PEPE strives to establish itself as one of the top meme-based cryptocurrencies by instituting a no-tax policy and being up-front about its lack of utility.
Background
Built by an anonymous team based in the United States, the project was built on the Binance Smart Chain with the intention of introducing a different perspective to the meme coin market.
Launch
Pepe Coin was launched on May 17, 2023.
How does it work?
PEPE is an ERC-20 token on the Ethereum blockchain, which is secured by the Proof-of-Stake (PoS) consensus mechanism. Decentralized validators stake 32 ETH to process transaction and support the network.
PEPE is a deflationary memecoin launched on Ethereum.
Sources and resources
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