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Altcoin Pepe (PEPE) is a meme cryptocurrency inspired by the popular internet meme Pepe the Frog. Like many meme cryptocurrencies, PEPE has mostly gained attention through community and viral marketing. To make a detailed analysis of this altcoin, we will consider the following aspects: fundamental factors, market potential, technical analysis, growth prospects and risk
Fundamental factors
1. **Team and Development**: For meme cryptocurrencies, the development team is usually not a major factor, as projects are often created by anonymous developers or small groups of enthusiasts. This can be both a plus and a minus, as the lack of famous personalities can reduce credibility, but on the other hand, it can increase virality and popularity among users.
2. **Community**: Pepe has an active community, which can help increase the value due to increased demand. The success of meme cryptocurrencies usually depends heavily on the activity and size of their community.
3. **Technology Basis**: It is important to understand that technological innovation is not the primary focus for such projects.