Pepecoin (PEP)
PepeCoin is a deflationary meme token inspired by the Pepe the Frog meme, earning its place as one of the earliest memecoins. Launched initially as a Proof-of-Work blockchain, it transitioned to the Ethereum blockchain in 2023 as an ERC-20 token. This move allowed it to leverage Ethereum's Proof-of-Stake security and smart contract capabilities. The project emphasizes community-driven growth and engagement through social media platforms. PepeCoin employs a redistribution mechanism to encourage long-term holding, aiming for token stability. The development of PepeCoin is overseen by a team with expertise in cryptocurrency and internet culture. Although the founding team remains anonymous, they have effectively used platforms like Telegram and X to expand the community.
Ticker | PEP |
Category | Smart Contract Platform |
Website | https://pepecoin.org |
@PepecoinNetwork | |
Telegram | PepecoinBlockchain |
Ecosystem
Pepe Messenger
Pepe Messenger is part of the Pepe OS platform and serves as a decentralized application for collaboration and community interaction. It features direct messaging, group chats, and specialized chat rooms for specific projects. Users can display NFT Emotes, NFT Art, Metaverse assets, ENS names, and creative works from the Pepe Paint app, fostering an engaging and creative space.
Pepe Paint
Pepe Paint is an application designed to boost creativity by enabling users to create and mint NFTs on the spot. It simplifies the NFT creation process, allowing users to share their artwork without needing external minting services.
Kek.bot
Kek.Bot is a sophisticated decentralized trading terminal that enhances the trading experience. It includes features like portfolio management, MEV blocking, limit orders, detailed profit/loss reports, and tools for token discovery. Additionally, it offers mirror trading, sniper bot functionality, advanced charting tools, and trader chat capabilities, facilitating seamless and informed trading.
Tokenomics
PepeCoin Token ($PEPECOIN)
PepeCoin has a total supply of 420,690 trillion tokens, designed to ensure scarcity despite the high quantity. The token adheres to a "No Taxes" policy, highlighting simplicity in its value proposition. In terms of distribution, 93.1% of the tokens were placed in a liquidity pool, with the contract renounced and the liquidity pool tokens burned. The remaining 6.9% is held in a multi-signature wallet, intended for centralized exchange bridges, listings, and additional liquidity pools. This wallet is publicly trackable through the ENS name “pepecexwallet.eth.”
Utility
Currently, PepeCoin is primarily for entertainment and community involvement without specific utility functions. However, there may be future developments that could see it used as a currency for digital goods and services.