Pepe (PEPE) is a cryptocurrency that was created based on the popular internet meme, Pepe the Frog. The idea behind this cryptocurrency is to help spread awareness and popularity of the meme to a broader audience, while also providing a unique investment opportunity for cryptocurrency enthusiasts.
History of Pepe the Frog
Pepe the Frog was created by artist Matt Furie, who originally included the character in his comic strip called Boy's Club. However, it was not until the character appeared on internet forums and message boards that it gained widespread popularity. Users began to edit and modify the character in different ways, creating a variety of different memes and viral images.
Pepe's popularity was further boosted during the 2016 presidential election in the United States, where the character was used by both supporters and critics of then-presidential candidate Donald Trump. However, the character's association with certain political movements has brought controversy and led to certain platforms banning content featuring the character.
The Birth of Pepe (PEPE)
Pepe (PEPE) was created in September of 2017 by a group of cryptocurrency enthusiasts. The coin was designed to be a tongue-in-cheek take on the world of cryptocurrencies while also embracing the viral nature of internet memes.
The coin was created on the Waves blockchain, which allows for fast and low-cost transactions. It is based on the Proof of Stake (PoS) consensus algorithm, which is more environmentally friendly than other algorithms used by larger cryptocurrencies like Bitcoin.
What Makes Pepe (PEPE) Unique?
Pepe (PEPE) is unique in a few different ways. Firstly, it is one of the only cryptocurrencies that was created based on an internet meme. This makes it particularly appealing to younger, internet-savvy investors who are familiar with the culture surrounding internet memes.
Additionally, Pepe (PEPE) is designed to be an inflationary currency, meaning that the number of coins in circulation will continuously increase over time. This makes it easy for users to obtain, and also helps to keep the value of the coin relatively stable over time.
How to Buy and Store Pepe (PEPE)
Pepe (PEPE) can be purchased on a variety of different cryptocurrency exchanges, including Waves.Exchange and Mercatox. Users can store their Pepe (PEPE) coins in any wallet that supports the Waves protocol, such as the Waves Lite Wallet or the Ledger Nano S.
The Future of Pepe (PEPE)
While Pepe (PEPE) is still a relatively new and unknown cryptocurrency, it has already garnered a small but dedicated following. The cryptocurrency's association with the popular internet meme may help to drive its popularity, particularly among younger investors.
Whether Pepe (PEPE) will continue to grow in popularity and become a mainstream cryptocurrency remains to be seen. However, it is certainly an interesting and unique addition to the world of cryptocurrencies.
