Dogecoin, Frog Coin and now PEPE have made cryptocurrency powerful and exciting. Over the past few years, we have seen a swift surge in the demand for and adaptation of cryptocurrency around the world. The addition of memes and tokenization of these unlimited digital assets has added an extra layer of fun to the trading process.

PEPE, the latest addition to the list of fast-rising memcoins, is a NFT-based token backed by the Ethereum blockchain. With a total supply of 420.69 trillion coins, PEPE is the most popular NFT in the Crypto world. Although, its high supply could indicate a practical joke, the buzz around PEPE is real. From the posting of tweets to interactions on Reddit forums, PEPE has taken the crypto world by storm.

The Price of PEPE skyrocketed in the past week due to its popularity. It hit a peak of $713 million and has already collected thousands of mentions from crypto social media. What is most interesting is the dynamic images that interact with the Ethereum network. Through Uniswap data directly on the blockchain, the NFTs tailor Pepes smile with the price of ETH.

Cryptocurrency has become a powerful tool with the rise of Dogecoin and Frog coin and now PEPE. The tokenization of digital assets and meme coins have added to the demand and usage of cryptocurrencies. The enthusiasm around PEPE is indicative of a new wave of digital assets that will entertain and educate a new generation of digital asset investors.



Other News from Today