$PEPE
PEPE is a meme coin built on the Ethereum blockchain as an ERC-20 token. It was created as a tribute to the internet meme “Pepe the Frog,” with no formal team, roadmap, or utility beyond community and speculative trading. Its value is driven almost entirely by social sentiment, meme culture, and hype, not by fundamental technology or traditional utility. �
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How It Works:
It has a deflationary model: part of the supply is burned over time to create scarcity.
Most of its liquidity was locked at launch to build trust.
It’s widely traded on major centralized and decentralized exchanges. �
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Market Behavior:
PEPE has experienced massive volatility, typical of meme coins, with explosive spikes followed by sharp corrections.
Price swings are strongly tied to social media trends and trading narratives.
Recent on-chain data suggests whale accumulation even amid weaker retail participation, which can influence price action #WhenWillCLARITYActPass #StrategyBTCPurchase #PredictionMarketsCFTCBacking #PEPEBrokeThroughDowntrendLine