how pepe coin started

"Inspired by the enigmatic internet meme, Pepe Coin emerged as a decentralized cryptocurrency, aiming to embrace the lighthearted spirit of its namesake while promoting meme creators and enthusiasts."

Oct 18, 2024 at 10:36 pm

How the Pepe Coin Started: A Comprehensive Guide

1. Origins of Pepe the Frog

Pepe the Frog, the inspiration behind the Pepe Coin, originated in 2005 as a character in Matt Furie's comic series "Boy's Club." Pepe is an anthropomorphic frog with green skin, large eyes, and a smug expression.

2. Viral Spread and Meme Culture

In 2008, Pepe became popular as an internet meme through online forums such as 4chan and Reddit. Users began creating and sharing images of Pepe in various situations, often with humorous or surreal captions.

3. Alt-Right Symbolism

In 2016, Pepe became associated with the alt-right movement in the United States. Supporters of the alt-right used Pepe in memes and other forms of propaganda to spread their white supremacist and anti-Semitic views.

4. Pepe's Transformation

In response to the association with the alt-right, people began using Pepe in ironic and subversive ways. They created wholesome and inclusive memes featuring the frog, trying to reclaim its image from hateful groups.

5. Pepe's Role in Cryptocurrency

In February 2017, the "rare Pepe" meme format became highly popular, and collectors began to purchase and trade digital "Pepe trading cards" online. This sparked the idea for a decentralized cryptocurrency based on the meme.

6. Birth of the Pepe Coin

On December 3, 2017, the Pepe Coin was launched as a community-driven meme currency. The coin's developers aimed to create a decentralized, censorship-resistant platform for meme creators and enthusiasts.

7. Initial Hype and Decline

Initially, the Pepe Coin gained significant attention and its value soared. However, due to a lack of significant development or use cases, its value eventually declined, and it fell out of favor among mainstream cryptocurrency investors.

8. Current Status

Today, the Pepe Coin remains a niche cryptocurrency with a devoted community. It is primarily used within the meme culture and for small-scale transactions. Its value has held relatively stable in recent years.