What is Pepe Coin?

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Overview

Pepe Coin (PEPE) is a deflationary meme coin launched on the Ethereum blockchain. It was created as a tribute to the Pepe the Frog internet meme, which gained popularity in the early 2000s. The project aims to capitalize on the popularity of meme coins like Shiba Inu and Dogecoin, striving to establish itself as one of the top meme-based cryptocurrencies.

Key Features

No-Tax Policy: PEPE appeals to the cryptocurrency community by instituting a no-tax policy. PEPE ensures a cost-effective trading experience by not levying any transaction fees for buying or selling the token. This means that traders won't incur any extra charges payable to the project when conducting transactions.

Redistributive System: A fraction of each transaction is allocated to current token holders, fostering user participation and promoting sustained investments. It rewards long-term stakers.

Burning Mechanism: A burning mechanism is implemented to maintain the scarcity of the PEPE coin.

Three-Stage Roadmap: Phase 1: Embrace the Meme; Phase 2: Cultivate the Vibe and Encourage HODLing; Phase 3: Achieve Meme Takeover.

Key Basic Data and Price History

Total Token Supply: 420,690,000,000,000 PEPE tokens.

Token Distribution: 93.1% of the tokens were allocated to the liquidity pool to ensure stable trading, LP (Liquidity Provider) tokens were burnt to create scarcity, and the contract is renounced, signifying a commitment to the project's stability. The remaining 6.9% is reserved for CEX (Centralized Exchange) Listings to facilitate trading on major platforms.

Launch: Pepe Coin was quietly introduced in mid-April 2023.

Initial Price: It began trading at around $0.0000002823 on April 19, 2023.

All-Time High: The coin reached an