CandleFocus What Is Pepe? The Ethereum Meme Coin Inspired by the Iconic Cartoon Frog
2024-11-13
Author: Content Editor
PEPE is a meme coin that was launched in mid-April 2023. Unlike other popular meme coins like Dogecoin and Shiba Inu, PEPE is based on the Pepe the Frog character and positions itself as the "most memeable meme coin in existence." The circulating supply of PEPE tokens is 420 million, referencing cannabis culture's "4/20." Shortly after its launch, a high-profile purchase of PEPE tokens resulted in a potential return of roughly 4,500 times the initial investment. PEPE gained significant attention and saw surging gains throughout the year, particularly in November 2024, after being listed on Robinhood and with plans for Coinbase to follow suit. As of the updating of this article, PEPE has become one of the most valuable meme coins alongside Dogecoin and Shiba Inu.
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