PEPE Meme Coin Origin And Cultural Analysis

Origin of Meme Culture

The image of PEPE comes from the webcomic “Boys Club” created by Matt Furie in 2005. The character quickly spread on social platforms like 4chan and Tumblr, becoming an internet meme symbol.

Community and market-driven

PEPE coin was launched in April 2023, attracting a large number of users through powerful community marketing and a no transaction tax policy, with the number of holders exceeding 100,000 in a short period.

Technical and Economic Characteristics

The total supply of the PEPE token reaches 420.69 trillion, utilizing a burning mechanism to reduce circulating supply in order to maintain long-term value and support decentralized liquidity.

Investment Risks and Market Concerns

The market is facing price support pressure, and whale movements have become important indicators. Investors should pay attention to technical analysis and risk management.

Summary

PEPE is not just a cryptocurrency; it is also a cultural phenomenon that highlights the importance of community power in the crypto world.