On the official PEPE website, the crypto project expressly mentions it has no affiliation with Pepe the Frog’s creator Matt Furie. The Pepe project and its native token simply exist as a fan-driven platform that seeks to further should i buy bitcoin expand the utility and success of the famous frog. Like many other meme coin creators in the market, they have chosen to remain completely anonymous.
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In terms of competitors, its main competitors are Dogecoin (DOGE) and Shiba Inu (SHIB), which are the two largest meme coins on the market. Our team is diligently working to keep up with trends in the crypto markets. In the first half of the 2010s, Pepe only continued to grow in popularity and fame. Twitch, Twitter, Reddit, no matter where you went online it seemed like the frog was everywhere, but the good times couldn’t last.
Where does Pepe the Frog come from?
It quickly garnered the attention of the crypto community and, through a frenzy of thousands of users buying across the market, PEPE boasted a $500 million market capitalization within about two weeks of its creation. PEPE employs a redistribution system that rewards long-term stakers, offering them incentives to remain committed to the project. This approach encourages coin stability by rewarding users for holding the token rather than selling it quickly.
Origin: Boy’s Club
In response to these accusations, Furie began a campaign to reclaim Pepe, asserting in a Time Magazine opinion piece that “Pepe is love”. He began the #SavePepe movement on social media, and a documentary called Feels Good Man featuring Furie’s efforts was released at the Sundance Film Festival in 2020. According to Know Your Meme, users began creating their own Pepe images in 2008 in forums on the imageboard site 4chan.
This deception may be to encourage them to buy their doppelgänger token instead, steal personal information, or infect their devices with malware. There are currently 391,790,000,000,000 (~93%) PEPE tokens in circulation. The team sent these tokens to liquidity pools for trading, and burned (permanently destroyed) their liquidity provider tokens (LP tokens). With the release of spot Bitcoin ETFs, the recent approval of ETH ETFs and several other upcoming catalysts in the space, sentiment is high and prices are continuing to rise. For more detail on the crypto markets, make sure to take a look at the price table below. The full maximum supply of PEPE was released upon its launch, totaling 420,690,000,000,000 tokens.
From there, you will be guided to the sign-up process, which takes only a few minutes to complete. Volt Inu and VoltiChange are affiliated with Pepe via VoltiChange’s widget integration directly onto Pepe Coin’s website. Volt Inu claims to be the first deflationary decentralised exchange (DEX), offering VoltiChange, which automatically lists and makes any Uniswap or PancakeSwap project deflationary — for free.
- Namely, being a borderless, pseudonymous means of transacting value digitally.
- Changelly predicts that PEPE could trade at an average price of $0.0028 in 2025, over 30,000% higher than current price.
- On July 22nd, 2015, Malaysian artist Maldraw posted an image on 4chan’s /pol/ board of Smug Pepe as Donald Trump overlooking a fence at the U.S.-Mexican border holding back sad Mexicans drawn as the Feels Guy.
- This feature has become increasingly popular among crypto creators as a means of mitigating fears of rug pulls and other fraudulent activity.
He is experienced with DeFi technology and multiple blockchains, currently investing in Ethereum and Bitcoin. Since PEPE is a relatively smaller meme coin, it is not yet available on all of the top crypto brokerages. You can also buy through using ETH purchased through brokerages such as Coinbase and eToro and trading on decentralized exchanges (DEXs) such as Uniswap and PancakeSwap. A token that is a picture of a frog and has a low-quality website is worth several billion dollars. In the past year alone, Pepe saw a growth of over 600%, but how to sell helium tokens many are wondering when, or if, the fairytale run will end.
The following day, The Daily Dot[79] published an article titled “Writer says she received racist, unsolicited Pepe meme via Bluetooth” and HeatStreet[80] published an article titled “Feminist Stalks Random People at Airport Bar to Find Person Who Sent Her ‘Pepe the Frog’ Image”. On June 14th, 2017, Twitter user @RBraceySherman[77] posted several tweets claiming that a “white supremacist” named Jacob sent her an AirDrop request over Bluetooth at the airport, which contained an image attachment featuring the Smug Frog depiction of Pepe (shown below). Meanwhile, other Twitter users began speculating that the frog was actually a depiction of the character Old Man Jenkins from Spongebob Squarepants (shown below). On July 30th, 2016, Tumblr[62] user po–starwars submitted an illustration of an anthropomorphic toad with the caption “when u cant afford quality name brand memes so u have to settle for / peep the toad” (shown below).
Of the maximum supply, 93.1% were sent to the liquidity pool on Uniswap, where LP tokens were burnt, and the deployer contract was sent to a null address. The remaining 6.9% is held in a multi-sig wallet, for future CEX listings, bridges and liquidity pools. In less than a year, Pepe has already become a staple in the highly successful meme coin narrative. Within months, it registered price increases of over 15,000% and overtook popular dog coins like DOGE and Shiba Inu in gains. Many other meme coins, like Dogecoin (DOGE), dogwifhat (WIF), and BOOK OF MEME (BOME), are listed alongside Pepe Coin in the Crypto.com App.
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While it is perhaps easiest to store your crypto on a trading platform, it can be vulnerable to cyber attacks and does not allow users much discretion over their tokens. Cryptocurrency wallets give users full control over their tokens and can be safer than holding them on a crypto exchange. Tahiri holds a master’s degree in financial economics and predicts that the price of PEPE could continue to rise. He cites a handful of technical indicators, such as the RSI, Elliott Wave and different trend lines. Additionally, he assesses broader market conditions, believing that a “meme coin season” will propel PEPE higher.
Perhaps unsurprisingly, the prospect of a quick payday an introduction to asp net razor pages drew in tens of thousands of other investors hoping to stock up on PEPE tokens before the price reached an upper limit. PEPE’s official Twitter account describes the token as the “most memeable memecoin in existence,” adding that the “dogs have had their day,” a reference to an earlier generation of memecoins including the once-popular Dogecoin. On April 19th, a new cryptocurrency project launched in homage to the well-loved Pepe the Frog. Pepe is a green, amphibious cartoon character that originated from a 2005 comic entitled The Boy’s Club, created by Matt Furie. It took a few years, but in 2008 memes featuring the amphibian started getting popular on MySpace and 4chan, with just a few variations in these early days like “sad” “smug” “angry” and various types of “feels”. This unassuming cartoon frog became so established as a racist symbol that the Anti-Defamation League (ADL) labeled Pepe the Frog as a hate symbol in September 2016.
Controversy, that hasn’t gone away even today, was just on the horizon. Pepe the Frog was introduced in 2005 by cartoonist Matt Furie as a character in his comic called Boy’s Club. Pepe was depicted as a large-mouthed, green amphibian who played video games and hung out with his friends. Although most may not recognize Furie’s original work, those who remember Internet culture from the 2000s and 2010s might have seen Pepe across social media. Soon, Pepe wore different expressions (“sad Pepe,” etc.) in different scenarios.
Pepe the Frog is an anthropomorphic frog character from the comic series Boy’s Club by Matt Furie. On 4chan, various illustrations of the frog creature have been used as reaction faces, including Feels Good Man, Sad Frog, Angry Pepe, Smug Frog and Well Meme’d. While it is the volatility of meme coins that may attract many to this narrative, as it offers the opportunity for incredible gains, this also means the price can drop just as suddenly. On X (formerly Twitter), the team came clear on what happened, but the token’s value only recovered with another announcement made in October. The official Pepe Coin X account shared that a new team of advisors would guide the project forward and 6.9 trillion $PEPE tokens (worth about $6 million at the time) had been burned and permanently removed from the project’s supply. PEPE is an ERC-20 token on the Ethereum blockchain, with a maximum supply of 420,690,000,000 tokens.
Additionally, she addressed those who know or work with Jacob, saying they should know he is a “white supremacist & digital terrorizer.” On October 14th, the Anti-Defamation League[42] announced that it would join forces with Matt Furie on the #SavePepe hashtag campaign in an effort to reclaim Pepe the Frog from racists by creating and sharing positive images of the frog. On February 24th, 2017, Redditor ReallyNotARabbit submitted a post proclaiming that “Peep the Toad memes” were “on the rise” to /r/memeeconomy.[65] On March 8th, Redditor MarioMann211 reposted the image to /r/memeeconomy,[66] asking for an “estimate” on its value.