PEPE Meme Coin – features and price analysis:

PEPE Meme Coin – features and price analysis. Get all the relevant information on the same corner, history, highlights, price analysis.

PEPE Meme Coin – features and price analysis. $Pepe is an ERC-20 token based on the popular meme of the 2000s, which reawakened interest in this type of speculative token.

Find out more about our regularly updated features, owner analysis and price analysis.

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PEPE Meme Coin – features and price analysis:

History:

Creation: Pepe the Frog was created by artist Matt Furie in 2005 as part of his online comic strip “Boy’s Club”.

Online popularity: From 2008 onwards, Pepe began to be shared and modified by users of online forums, particularly on 4chan, a famous anonymous forum. His image was used in a variety of ways, often to express emotions or humorous reactions.

Meme evolution: Over time, Pepe evolved into a number of varied and often humorous “memes”. These modified images included versions of Pepe with different expressions, costumes or staging.

Politicization and controversy: From 2015 onwards, Pepe was unfortunately associated with controversial movements and groups, leading to more negative uses and debates about the character’s meaning and ownership.

Five points to remember:

1. Origin of the name:
   The name “Pepe” comes from the Internet meme “Pepe the Frog”, which became very popular in the 2000s. The meme depicts an anthropomorphic frog and has been used in a variety of humorous contexts.
2. Token type:
   PEPE is an ERC-20 token. This means that it is based on the Ethereum ERC-20 standard, which means that it is compatible with other tokens and can be exchanged on decentralized trading platforms (DEX).
3. Speculation and mystery:
   The PEPE project has attracted interest due to its mysterious movements of funds. Three members of the project have made significant transactions, fuelling speculation about the token’s value.
4. Community and culture:
   The community around PEPE is often passionate and creative. Token holders participate in discussions, meme creation and events related to the project.
5. Risks and volatility:
   As with any speculative token, PEPE presents risks. Its value can fluctuate considerably according to supply and demand, as well as project developments.

Breakdown of holders:

According to available data, the ten largest PEPE holders collectively hold over 45% of the total token supply. Here’s some information on the top PEPE holders:

Largest holder:
The person holding the largest number of PEPE tokens owns more than 40% of the total supply. This represents a value of several million dollars at current prices.

Top 5 holders:
The top five holders together hold more than 70% of the total token supply.

Recent whale activity:
Recently, five wallets (probably controlled by the same entity) sold 970 billion PEPE tokens, making a considerable profit since their purchase in January 20241.

It’s important to note that celebrities, like Elon Musk, have historically influenced meme token ownership through endorsements and online activity.

Pepe Meme features:

Variety of expressions: Pepe is known for its different facial expressions, which are often used to represent a variety of emotions such as sadness, joy, irony, etc.

Adaptability: Users have creatively modified Pepe to suit different situations or contexts online, which has contributed to its popularity and longevity as a meme.

Recognizable iconography: Pepe is identifiable by his distinctive features, including his round head, large eyes and green body.

Diverse uses: Pepe has been used in many contexts, including politics, pop culture, internet jokes and online discussions, contributing to his status as an internet cultural icon.

In short, Pepe has become an iconic internet meme thanks to its versatility, adaptability and ability to communicate diverse emotions and ideas through humorous imagery.

$PEPE – price analysis

What’s happening to the price?

After the sharp rise that pushed the price very quickly towards the 0.00000108 zone, the price began to consolidate. This has created a range in the 0.00000490 to 0.00000902 zone. This is a healthy consolidation to allow the price to start rising again.

Then, on the daily chart, we have a huge bullish candle which began at 0.00000898 to 0.00001143. In technical terms, this is a swallow candle, which should signify the start of a significant rise.

If the price stays above $0.00000998, we can expect the upward trend to continue, meaning that we have good support, capable of propelling the price to higher levels.

In this case, we’ll need to break through resistance at 0.00001159 and with volume in order to reach new highs.

On the other hand, if this zone gives way, we could go back towards $0.000009000, and if this support gives way again, we’ll reach the $0.00000830 zone.

The green MM20 is well above the red MM50, which is very much in favour.

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