Pepe Community
Crypto Overview
Overview
PEPE is a meme cryptocurrency launched in April 2023 on the Ethereum blockchain. It was created as a tribute to the Pepe the Frog meme and positions itself as a community-driven token with no formal utility beyond serving as a tradeable digital asset.
Purpose and Utility
The token's stated purpose is simply to exist as a tradeable meme token. It does not claim any technical utility or ambitious technological goals. The project is transparent about being primarily focused on community engagement and trading.
Business Model
PEPE operates as a simple ERC-20 token with a 0% buy and sell tax. There is no staking, lending, or interest-bearing mechanisms involved. The token can be freely traded on various decentralized and centralized exchanges.
Real-World Adoption
The token has achieved significant trading volume and market presence on major cryptocurrency exchanges. Its primary use remains trading and speculation, which aligns with its stated purpose.
Development Activity
There is minimal technical development as the token operates on standard ERC-20 infrastructure. This aligns with its stated purpose of being a simple, tradeable meme token.
Token Distribution
The token launched with a fair distribution model where no tokens were allocated to the team or developers. 93.1% of the total supply was sent to the liquidity pool, with the remaining 6.9% being burned.
Crypto Impact
To assign a comfort level investing in Pepe Community from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Pepe Community.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.