Memecoins
Why Pepe is the perfect meme coin for 2024
Pepe Coin has emerged from the dank swamps of the past amid the freezing lows of the crypto winter. The community that launched it and brought PEPE to the levels it enjoys today was afraid of nothing. Numerous SEC and DOJ investigations, crash of the FTX stock exchange, several inactive “CeFi” custodial companies – the frog didn’t notice or care.
When Web3 investors looking to capitalize on blockchains like Ethereum put their money into PEPE, they aren’t simply being put on the spot by an immature team that didn’t know how to proceed. They were not pumped and dumped by experienced flash day traders with no long-term commitments. And they didn’t miss the opportunity to profit more from doge memes.
Frog was absolutely over the moon after launching on Ethereum as an ERC20 meme token to keep liquidity flowing for the world’s leading decentralized financial blockchain. In the first quarter of this year, from January 1st to March 31st, Pepe Coin earned 521% price on cryptocurrency exchanges in just three months. That’s an average annualized return on investment (ROI) of 2,084%!
Your grandfather’s actions
It would be like your grandfather waiting 208 years to get the same kind of return on investment that Pepe stock holders had to wait just three months for: When you calculate these kinds of forward growth figures using compound interest financial calculators, the Numbers start to get weird astronomical. Get ready to become a philanthropist if you invest in meme coins.
As for Pepe, it is still an interesting meme coin to invest in. This altcoin has taken over the blockchain zeitgeist and consciousness out of nowhere, overturning years of dominance by Dogal memes inspired by Reddit’s Shiba Inu meme. This was no mean feat. Doges absolutely dominated Web3 meme currency for light years in the Internet age before Pepe took over.
But it’s not difficult to understand how Pepe did it.
Why Pepe Coin has influence
This was a coup in decentralized finance just waiting to happen. First of all, Pepe already had the power to be one of the most classic and treasured memes of the most hardened old Redditors. The more savage, disaffected and less likely to support the forum’s mainstream establishment, the more they seemed to love Pepe for years.
Secondly, Pepe is a frog meme. This is perfect for decentralized finance on Web 3.0 because in nature the bullfrog dads stay behind after the eggs are laid to watch over the tadpoles. If the pool they are swimming in begins to dry up, the dutiful daddy bullfrog will dig a channel from another water source to fill the pool and let his little tadpoles swim.
This is the kind of peer you want to work with on the decentralized, anonymous Web 3.0 network: someone with a sense of responsibility and a long-term vision for the project. Investing in new currencies that have the patience to keep their economies capitalized instead of taking too many profits too soon is a strategy for greater gains in the long run.
Thanks for reading and let me briefly tell you about a new Pepe-themed Ethereum meme coin project with great potential. Pepe Unchained is a level 2 meme coin that resembles Mr. T from the A-Team and Rocky III.
But most importantly, this bad boy is a true utility token with instant connection to ETH, low transaction fees, high volume capacity (100x faster than ETH), and a dedicated block explorer.