Pepe coingecko

Welcome back to Distributed Ledger. This is Frances Yue, crypto and markets reporter at MarketWatch.

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Pepe coingecko

Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure. PEPE is a deflationary memecoin launched on Ethereum. The cryptocurrency was created as a tribute to the Pepe the Frog internet meme, created by Matt Furie, which gained popularity in the early s. The project aims to capitalize on the popularity of meme coins, like Shiba Inu and Dogecoin , and strives to establish itself as one of the top meme-based cryptocurrencies. PEPE appeals to the cryptocurrency community by instituting a no-tax policy and being up-front about its lack of utility, keeping things pure and simple as a memecoin. It has induced what some may dub a "memecoin season," causing other memecoins — some launched within hours — to go on spectacular pumps and just as astounding dumps. It remains to be seen if PEPE and other memecoins will go on to new highs, although that is certainly the hope of many believers waiting for the coming BTC halving cycle praying for a Bull Run. 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. Additionally, PEPE features a burning mechanism whereby a portion of the coins are permanently removed from circulation on a regular basis.

Dec 25 Solana ecological meme currency analoS rose by All-time low Apr 17, a year ago. Halving: 36D.

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Two weeks later, the Pepe coin, whose name comes from a popular meme co-opted by the American alt-right, was released with a total supply of The meaning of these numbers is, ahem, self-evident. Each coin is worth between two- to three-millionths of a dollar. How did something so unabashedly worthless become so valuable? In , the Anti-Defamation League designated the meme as a hate symbol. Furie, incensed by the co-option of his comic-book frog, launched a campaign with the Anti-Defamation League to rescue Pepe from the American alt-right. Since then, the meme has lived in comparative ambiguity. Its association with hate speech still continues, but it became a symbol , for example, of the pro-democracy protests in Hong Kong.

Pepe coingecko

Despite a recent increase in liquidity pool activity, traders were stung at the weekend by an absence of liquidity that resulted in significant slippage for those attempting to convert large amounts of PEPE for other currencies such as ether ETH. Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry.

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Popular Tokens on the Ethereum Chain. In watchlists ,x. Circulating supply. As bitcoin scored a new record high, some investors may sell some of the bitcoin they own in order to capture the gains and invest in other areas of the crypto market, such as meme coins and nonfungible tokens, Rosenblum said. Related Pages:. Feb 24 CoinGecko Reveals. More information. Dec 25 Solana ecological meme currency analoS rose by Investing Ideas. MarketWatch As bitcoin hits record high, only two members of Congress have bought crypto since MarketWatch.

Welcome back to Distributed Ledger. This is Frances Yue, crypto and markets reporter at MarketWatch. Some newer meme coins also saw significant gains.

Market Updates More Market Updates. Despite meme coins' recent rally, the level of retail participation in the crypto market is still much lower than in , when bitcoin last hit a record high, according to Rich Rosenblum, co-founder and president of digital-asset trading firm GSR. Additionally, PEPE features a burning mechanism whereby a portion of the coins are permanently removed from circulation on a regular basis. Global Prices. It remains to be seen if PEPE and other memecoins will go on to new highs, although that is certainly the hope of many believers waiting for the coming BTC halving cycle praying for a Bull Run. Related Pages:. This approach encourages coin stability by rewarding users for holding the token rather than selling it quickly. Watchlist Portfolio. All-time high Mar 09, 2 days ago. Pepe analytics Loading Pepe statistics Market cap. Feb 24 Airdrop timing secrets unveiled- CoinGecko. In watchlists ,x.