What Is Pepe Coin?: Guide to the memecoin

ZenGo’s support staff is accessible 24/7 to assist with issues you may be having with the app, resolving technical issues and offering advice on how to use it. If you are considering storing your PEPE coins in wallets, here are the best hardware and software wallets to consider. 7 of the most important cyber security topics you should learn about Investing in PEPE right now looks appealing considering how well the coin has performed recently. Additionally, being an AI-based cryptocurrency, PEPE could profit from advancements and excitement in the field of AI technology, which could have an impact on its price.

Unlike many other meme coins, which offer an even more basic setup than Pepe, the token has a roadmap. Most of the goals in Phase-1 — including 1,000 holders, setting up a donation wallet, and creating a website — have been reached. By now, the project is well into Phase-2 and launched a marketing campaign, getting listed on VoltiChange. Pepe’s playful disguise, inspired by the popular internet meme Pepe the Frog, hasn’t stopped it from being taken seriously by thousands of investors.

  1. All crypto exchanges listed in this guide offer low fees and multiple paired cryptocurrencies.
  2. This allowed it to stand out from other meme coins like Dogecoin itself, Shiba Inu, Floki Inu, Baby Doge Coin, and more.
  3. There are multiple perpetual contracts, and it is known as a fair, transparent, and efficient platform.
  4. Pepe Coin is a fast-growing and well-known meme coin built on Ethereum’s blockchain.
  5. As an ERC-20 token, PEPE enjoys all the benefits of being on the Ethereum network, like its robust security offered by the proof-of-stake (PoS) consensus mechanism.

Here, we explain the top 3 crypto exchanges where you can buy Pepe coins in detail. Buying PEPE can be done through several cryptocurrency exchange platforms, although it is not as widely listed as some of the more mainstream digital currencies. Major exchanges like Binance provide a convenient entry point, offering various payment methods including credit card purchases and bank deposits. Other trading platforms like MEXC, Bitget, and Uniswap also support PEPE transactions, allowing for trading through decentralized exchange services. Pepe coin has recorded massive gains since its launch and is estimated to grow further if the crypto industry regains its bull market in 2024. Apart from the above-mentioned crypto exchanges, other platforms like ByBit, OKX, HTX, Kraken, and Bitget also help you buy PEPE coins in a few simple steps.

Users must consider the desired balance between security and convenience when choosing between hardware and software wallets. Since it’s an ERC-20 token, you can get PEPE easily on many popular DEXs. However, it is likely that you will need to buy it, or another cryptocurrency, on one of the many centralized exchanges first, as DEXs typically don’t offer fiat purchases. PEPE’s distinct burning mechanism what is a perpetual swap is the project’s unique aspect that strives to maintain the coin’s scarcity in the face of its colossal maximum supply. A portion of the crypto’s total tokens gets permanently removed from the circulating supply on a regular basis. According to the project’s official website, 93.1% of the token’s total supply was sent to a liquidity pool, where LP tokens (liquidity provider) were burnt.

Moreover, the recent success of meme coins has significantly amplified Pepe’s charm. According to CoinGecko, meme coins collectively have a market cap exceeding $50 billion. However, $PEPE is more than just a meme-inspired currency, like Dogecoin or Shiba Inu. The world of meme coins might be full of fun and humor, but they’ve also shown real potential for high returns, attracting crypto enthusiasts and skeptics alike. Pepe is a meme coin that has established a name for itself as a genre redefining crypto since launch. People have been very receptive towards Pepe’s joke-based origins, and the project is getting continouos attention.

Buying PEPE Coin is pretty much like buying any other cryptocurrency. Likely, other platforms did not wait long before they added it to their list of supported cryptocurrencies, making pepe almost universally available.. The platform is known for listing hundreds of cryptocurrencies, and it has advanced trading tools, including technical analysis indicators, charting tools, and like. However, if you wish to benefit from the low fee structure, you will need to deposit payments in Bitcoin.

ZenGo uses threshold cryptography and biometric identification systems (such as fingerprint or face recognition) to provide an extra layer of security. The app also has an intuitive interface that guides you through the process of managing your crypto assets. Despite having no official connection to the meme’s creator, the token capitalized on the enormous popularity of the Pepe the Frog meme for its gain. Pepe Coin established a significant connection and appeal with crypto enthusiasts by naming the coin after the well-known frog meme and using a meme-inspired logo.

These are reserved for centralized exchanges, bridges, and other liquidity pool listings. This careful allocation strategy aims to use the tokens effectively, creating stability and growth for Pepe Coin in the long run. Meme coins are emerging as high-return contenders, among which Pepe Coin (PEPE) has rapidly risen to the spotlight. Known for its volatility and rewarding potential, the coin is up by over 12,220% since its April 2023 lows to become the third-largest meme coin on the market. Make sure you choose a crypto app that offers PEPE Coin, like VirgoCX or Newton. You can only use PayPal to purchase Pepe if you use P2P markets, where you would buy it from other holders.

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Depositing cash via your credit or debit card comes with a 4.5% cost, and buying PEPE via USD will come with an additional 0.5% fee. Bybit operates as a crypto derivatives exchange, offering a fair trading environment for trading futures with leverage. There are multiple perpetual contracts, and it is known as a fair, transparent, and efficient platform. Activating 2FA on your exchange account can significantly reduce the risk of unauthorized access and potential theft of Pepe Coin. Pepe Coin’s primary use case revolves around its cultural significance within the cryptocurrency and meme communities.

How to Safely Store Crypto in 2024

On such exchanges, you would make a deal to buy PEPE, pay with PayPal off the platform, and then receive your tokens through the platform. Pepe has gained a following among many crypto enthusiasts ryoshi token how to buy thanks to its meme-based nature. The name and the image of Pepe The Frog may have been controversial in the past, but the speed at which PEPE reached a $1 billion market cap says otherwise.

These platforms offer a secure and convenient way to access cryptocurrency and start building your digital currency portfolio. Experts speculate that the upcoming Bitcoin halving in April 2024 will lift the crypto market as a whole — a phenomenon seen after past halving events. However, meme coins are highly volatile and speculative, and other factors in the macroeconomic environment and crypto space could influence PEPE’s price either way. The success of meme coins like WIF and Pepe can be attributed to the viral and engaging nature of meme-based cryptocurrencies. Behind the coin is an ambitious crypto project aiming to create a decentralized marketplace to allow crypto enthusiasts to trade cryptocurrencies linked to trending internet memes. Though meme coins like PEPE are highly volatile and can experience huge price swings in a short period, they also present opportunities to make huge short-term gains.

How to Buy Pepe in 2024

Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Crypto.com to invest, buy, or sell any coins, tokens, or other crypto assets. Returns on the buying and selling of crypto assets may be subject to tax, including capital gains tax, in your jurisdiction. Any descriptions of Crypto.com products or features are merely for illustrative purposes and do not constitute an endorsement, invitation, or solicitation. Within just weeks after its public launch in April 2023, PEPE became one of the most highly traded cryptocurrencies.

Is PayPal a viable option for purchasing Pepe tokens?

Just like the name suggests, a memecoin is a cryptocurrency that originated from a meme. Memecoins typically use easily recognizable symbols, figures, and images, like Doge –– or Pepe the frog. The better the chosen symbol, the higher the project’s chances of success. ZenGo provides committed customer service to help users with problems or inquiries they might have.

However, some aspects of the project might make some investors think twice before purchasing it. Transactions are also fast, and, in addition, the platform features margin trading and even staking, which opens up opportunities for potential high profits and passive income. Also, if you exchange PEPE for a supported digital currency such as its native BNB, Bitcoin, Ethereum, or USDT — Binance will only charge a 0.1% fee.

As the market is uncertain, Dogecoin20 is a better investment alternative to Pepe. It presents users with an alternative to the existing Dogecoin, built on the Ethereum blockchain, and has green fundamentals working in its favor. Pepe has experienced multiple highs since the beginning of this year, and its market cap has more than quadrupled in less than a year. Now, at $3.4 billion, PEPE holders are waiting for another pump to emerge before initiating their sell-offs.

You can use debit or credit cards to buy Pepe tokens on any centralized exchange that supports it, including the ones mentioned above. CEXes are ideal for buying crypto with fiat, but they require creating an account and verifying your identity. Some exchanges like Binance, Bybit, Kraken, MEXC, and Coinbase offer PEPE for trading.

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