Pepe Coin

Overview

Pepe Coin (PEPE) is a meme cryptocurrency launched in April 2023 on the Ethereum blockchain. It was created as a tribute to the Pepe the Frog internet meme, with no explicit utility beyond being a community-driven meme token.

Purpose and Utility

The creators did not claim any specific utility for PEPE beyond being a meme token. The project has no whitepaper, roadmap, or stated technological objectives. Its primary use case is trading and serving as a community token.

Business Model and Operations

PEPE operates as a simple ERC-20 token with basic transfer functionality. There is no complex tokenomics, no staking, no lending, and no gambling mechanisms built into the smart contract. The project has gained significant trading volume on major cryptocurrency exchanges.

Token Distribution

The initial token distribution included no team allocation, with 93.1% of the supply released to the public through trading pairs, and the remaining 6.9% being burned. There are no vesting schedules or lock-up periods since there was no team allocation.

Development Activity

The token contract is simple and immutable, with no ongoing development activity required. The community manages social media presence and marketing efforts.

Real-World Usage

PEPE is primarily used for trading on cryptocurrency exchanges. It has achieved significant trading volume and market capitalization, being listed on major exchanges including Binance and OKX.