PEPE
Crypto Overview
Overview
PEPE is a meme cryptocurrency launched in April 2023 inspired by the Pepe the Frog internet meme. It operates on the Ethereum blockchain as an ERC-20 token.
Purpose and Utility
The token was created primarily as a meme coin without any explicitly stated utility beyond community engagement and trading. There is no whitepaper or formal technical documentation outlining specific use cases.
Business Model
PEPE operates purely as a tradeable token with no formal business model or revenue generation mechanism. The project relies entirely on community-driven trading and meme culture.
Real-World Adoption
The token has achieved significant trading volume on major cryptocurrency exchanges including Binance, OKX, and others. However, usage is limited to trading activity rather than any practical applications.
Platform Development
There is minimal technical development as the token is a basic ERC-20 implementation. The project focuses primarily on community engagement through social media.
Token Distribution
The initial token distribution included no team allocation, with 93.1% distributed to the public and 6.9% sent to a dead wallet. There was no pre-sale or private allocation.
Crypto Impact
To assign a comfort level investing in PEPE 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.
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.