In the crypto world of meme coins, PEPE, the frog theme coin has been making waves as it recently climbed to a volume of over $100 million in just 24 hours. This sudden surge in volume has caught the attention of many in the crypto community, with some speculating that it could be due to upcoming exchange listings.
$PEPE is an Ethereum-based meme coin that was launched on Sunday,16th April, 2023 and is intended to provide holders with a fun and creative opportunity to express themselves while also serving as a store of value.
Pepe is tired of watching everyone play hot potato with the endless derivative ShibaCumGMElonKishuTurboAssFlokiMoon Inu coins. “The dogs have had their day; now it’s time for Pepe to take reign,” according to the Pepe website.
Data from CoinMarketCap shows PEPE’s price has increased by more than 50% in the past 24 hours. The live Pepe price as of the time of writing is USD 2.59e-7 with a 24-hour trading volume of USD 123,235,978 and a CoinMarketCap ranking is #2610.
On April 18, PEPE reached 10,000 individual investors, according to statistics from blockchain tracker Etherscan. This shows that a big number of investors purchased the token immediately to profit from the ongoing hype. The tokens’ circulating supply is 420 trillion.
The $PEPE roadmap is divided into three phases: Meme, Vibe and HODL, and Generational Wealth. In the first phase, the focus will be on establishing $PEPE as the top meme coin by listing it on CoinMarketCap, CoinGekco, and other exchanges with 1,000+ holders, and having $PEPE Trending on Twitter due to its memetic potential.
The second phase focuses on building a strong community that will stand with the coin through thick and thin. These will include community partnerships, the Pepe Times digital newsletter, the creation of a token-gated Discord channel, Pepe Palace for holders, and CEX listings.
The final phase is when $PEPE shines, with intentions for its holders to create generational wealth. Pepe-themed goods, % income to $pepe buy and burn, Pepe Academy, Pepe Tools, T1 Exchange Listings, and 100,000+ holders will be included in the final phase.