Pepe coin soared up to 300,000 times, and an investment of 100 yuan turned into 37 million in seconds
PEPE coin is essentially a meme coin based on Ethereum. Standing on the basic popularity of Pepe Frog, with the skyrocketing price and concentrated media exposure, PEPE coin quickly became an investment target for many virtual currency enthusiasts, and its market value exceeded 400 million US dollars within one month of its issuance, becoming one of the top 100 virtual currencies by market value.
According to the description of the PEPE coin official website, the reason for launching PEPE coin is that people are tired of the increasingly complex token economic model of a series of "puppy series" meme coins such as Dogecoin and Shiba Inu coin, and believe that they have completely betrayed the entertainment spirit of meme coins. Therefore, there are no complex operations such as pre-sale, destruction, and taxation in the token economics of PEPE coin. Its goal is to surpass the "puppy series" meme coins and become the king of meme coins.
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