What is the issue volume of PEPE coins? An article introduces the application scenarios of PEPE coins

The total supply of PEPE coins is 100 quadrillion, intended to mitigate the influence of large token holders on price.

Oct 05, 2024 at 08:42 am

What is the issue volume of PEPE coins?

1. Definition of PEPE Coin

PEPE Coin (PEPE) is a cryptocurrency based on the Ethereum blockchain. It was created as a fun and meme-inspired token, featuring the popular "Pepe the Frog" internet meme as its logo.

2. Issue Volume

According to the official PEPE Coin website, the total supply of PEPE coins is 100 quadrillion (100,000,000,000,000,000). This massive supply is intended to reduce the potential impact of large token holders on the price of the coin.

3. Application Scenarios

PEPE Coin has limited real-world applications due to its niche and meme-based nature. However, some potential use cases include:

• Collectible: PEPE coins can be collected as a digital collectible or form of digital art.
• Community Building: The PEPE Coin community is known for its fun and lighthearted nature. PEPE coins can facilitate interactions and events within the community.
• Small-Scale Transactions: PEPE coins can be used for small-scale transactions, such as purchasing digital goods or tipping content creators.

4. Value Proposition

The value proposition of PEPE Coin lies in its memetic appeal and community support. It is primarily seen as a fun token with limited monetary value. However, the large supply and scarcity of PEPE coins can potentially reduce the impact of whales (large token holders) on the price of the coin.

5. Market Performance

PEPE Coin has experienced relatively low volatility compared to other meme coins. Its value has remained relatively stable over time, with occasional price spikes due to increased community interest or meme-related events.