Community Forex Questions
What is pepecoin?
The cryptocurrency meme PEPE is a digital currency based on the internet meme character Pepe the Frog. It is also known as Pepecoin by others. The Pepe character, created by Matt Furie, quickly became a popular meme.

The PEPE cryptocurrency was launched in 2023 as a deflationary memecoin and immediately built a community around it, however its website states that it is only for "entertainment purposes." The PEPE coin has a very short history, and its creator remains unknown.

If you want to buy PEPE coins, they are available on numerous prominent centralised exchanges (CEXs) and decentralised exchanges (DEXs). The price of PEPE is erratic, and trading memecoins is considered extremely dangerous.
PepeCoin (PEPE) is a meme-based cryptocurrency inspired by the popular internet meme Pepe the Frog. Launched in 2023 on the Ethereum blockchain, it quickly gained attention in the crypto community due to its viral nature and community-driven approach. Pepecoin follows the trend of meme coins like Dogecoin and Shiba Inu, relying more on internet culture and social media hype than utility.

Despite lacking fundamental value, Pepecoin has seen speculative trading, with traders capitalizing on its price volatility. It has a deflationary model, meaning some tokens are burned to reduce supply. However, investing in Pepecoin is highly risky due to price fluctuations and lack of utility. It is mainly driven by speculation, making it an unpredictable asset in the crypto space.

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