What is PEPE?
PEPE is a deflationary memecoin launched on Ethereum
The project aims to capitalize on the popularity of meme coins, such as Shiba Inu and Dogecoin.
From late April to May 2023, PEPE's explosive rise saw its market capitalization peak at $1.6 billion at one point, turning early holders into millionaires and attracting a strong community of followers with ideas. related. It has induced what some might call a "memecoin season," causing other memecoins (some released within hours) to have spectacular bombs and equally astonishing dumps. It remains to be seen whether PEPE and other memecoins will reach new highs, although that is certainly the hope of many bag holders.