“PEPE: Is This Memecoin the Next Big Thing or Just a Passing Fad?”
Meet PEPE, the “most memeable memecoin in existence,” according to its official Twitter account. Launched in mid-April 2023, PEPE is based on the controversial Pepe the Frog meme, but has no official connection to its creator or the original cartoon character. With a circulating supply of 420 million tokens and a reference to cannabis culture’s “4/20,” PEPE quickly gained attention in the crypto world. An investor even bought 5.9 trillion tokens for just 0.125 ETH (worth around $250) and saw the value soar to $1.8 million in just a few days! But will PEPE last? Only time will tell if it becomes a memecoin sensation or fades away into obscurity like other flash-in-the-pan tokens. Either way, it’s sure to be a wild ride for investors looking to score big with PEPE.
Clever Robot News Desk 22nd April 2023