Pepe Price in India (PEPE)

Pepe is a meme coin launched on the Ethereum blockchain. It was inspired by the popular meme ‘Pepe’, a green frog cartoon character created by Matt Furie in 2005. Launched in April 2023, it is one of the fastest-growing meme coins, with a significant following from the meme coin community. 

Pepe coin is based on Pepe the Frog character created by Matt Furie. However, the creator/creators of the meme coin remain anonymous. 

• PEPE token: PEPE token is used as a medium of exchange within its ecosystem and it facilitates all transactions and interactions within its community and users. 

• Community-driven: Like other meme coins, PEPE has a strong community backing and the ecosystem focuses on community involvement.

• Deflationary mechanism: PEPE is designed on a deflationary mechanism which reduces supply over time. This mechanism makes the value of the PEPE token go up, potentially increasing profit.

• ERC-20 token standard: Built on the Ethereum blockchain, PEPE is an ERC-20 token, and the token leverages the advantages of the Ethereum network such as high security. Besides, all ERC20 tokens can interoperate with each other and other Ethereum-based dApps, wallets, and exchanges.

PEPE is one of the fastest-growing meme coins and its price has skyrocketed by over 35,000% since its launch. With a market capitalization of $8.50 billion, PEPE is the top #18 crypto as of November 2024. It has a maximum supply of 420.69T PEPE tokens, making the price of each token affordable and has the potential to fetch gains to early adopters. PEPE has an all-time high of $0.00002524 recorded on November 14 2024 and as per expert analysis, it is estimated to reach $0.0182 by 2030, making it a promising crypto. 

Download the CoinSwitch app to invest in PEPE.

• Crypto traders can buy and hold the PEPE token from a crypto exchange and benefit from price changes. 

• The token is used as a medium of exchange within its ecosystem.

• The PEPE token facilitates transactions and interactions within its community and users.

• PEPE is affordable and has a low entry point so that small investors can leverage it.

• Like other meme coins, PEPE has a strong emphasis on community involvement and encourages community engagement.

• Despite being a relatively new crypto, PEPE is listed on popular crypto exchange platforms such as CoinSwitch.

• It has a very high circulating supply, making the price of each token low.

• PEPE lacks robust use cases compared to other popular meme coins like DOGE and SHIB. 

• With a large number of meme coins available in the crypto market, the meme coin space is crowded, reducing uniqueness.

• To trade in PEPE on CoinSwitch, download the CoinSwitch app. 

• You can buy PEPE for just ₹100.

• Popular meme coins like PEPE can be traded on CoinSwitch seamlessly with a marginal trading fee.

PEPE did not hold an official Initial Coin Offering (ICO). Instead, it opted for a distribution model. It has a huge supply of 420 trillion PEPE tokens. As per its tokenomics, 93.1% of PEPE tokens are in the liquidity pool, while 6.9% are in a multi-signature wallet for future use.