PEPE is a memecoin based on Ethereum that launched in April 2023, paying tribute to the Pepe the Frog meme. It aims to establish itself as one of the leading meme-based cryptocurrencies and compete with the likes of Dogecoin and Shiba Inu. One of PEPE's distinctive features is its no-tax policy, along with a burning mechanism to create scarcity. The project has a three-phase roadmap (although notes there is nothing formally yet) with the ultimate goal of a "meme takeover."
While the founders remain anonymous, they have successfully leveraged social media platforms to promote PEPE and cultivate a community around the memecoin. PEPE distinguishes itself from other cryptocurrencies by building upon the legacy of Pepe the Frog and its dedication to honouring this character.
Please note, deposits and withdrawals of PEPE are currently unavailable on Swyftx.