In the ever-evolving digital world, achieving financial freedom is the main common goal for people who decide to become investors.
Still, it may be hard to decide which cryptocurrencies to embrace because web3 costs thousands of coins and has various functionalities and opportunities. However, in the beginning, the crypto realm was not as useful as it is now because the coins were used exclusively as a store of value, and the network didn’t have any other features.
Nowadays, things have changed, and digital currencies cover the needs of a broad audience. To keep the seriousness of investors at bay, the surge of Meme coins took over the world. In this article, we are going to talk about PEPE, which is a meme coin inspired by the funny viral frog. The currency is built on the Ethereum blockchain, so it can benefit from the capabilities of the popular network in terms of programmability, scalability, security, and more. Pepe coin has become a top choice for investors, and it has a strong army behind it, ready to face all the challenges that might occur.
The currency is beginner-friendly, and thanks to its increasing polarity, it promises high returns. So, can we consider it a wise investment? To figure this out, check the Pepe Crypto price prediction to follow its path, and keep reading:
The surge of meme coins
The crypto world hosts thousands of cryptocurrencies, and there are just a few that really stand apart for their unique nature. As you might know, the first crypto in the world was Bitcoin, which was launched in 2009 and has seen incredible success. Still, the capabilities of the blockchain were very limited, but the concept of this new investment opportunity took over the world, and people were committed to this new activity. Things are getting very serious, so in 2013, two engineers decided to launch Dogecoin, a cryptocurrency inspired by the viral Shiba Inu dog that has seen incredible success.
The developers wanted to make a light-hearted joke to poke at the success of Bitcoin, but investors saw the potential of the currency and decided to give it a chance. The surge of Doge inspired other meme-inspired currencies to step into the web3, and currencies like Pepe and Shiba Inu are now the latest craze on the internet. Nowadays, there is a strong meme coins market in the digital world, with a strong army of supporters that have created an engaged community. The main goals of the meme coins are to provide users with advanced ecosystems to serve their needs and help people achieve financial freedom by making wise investment choices.
What is Pepe
Pepe is a decentralized, secure, and peer-to-peer technology built on the Ethereum blockchain. The currency is inspired by the viral frog meme that took over the internet in the 2000s, and it’s now the mascot of the popular network. PEPE aims to push the traditional barriers of the economy, providing users with advanced technologies. Thanks to the funny nature of the coin, the efforts are surely not in vain, as they attract people from all over the world. The meme coin relies on a deflationary model, burning a certain amount of the currencies in circulation to avoid the risks of inflation, aiming to stabilize the network.
The power of the ETH blockchain
Pepe is built on the Ethereum blockchain, so the currency can benefit from the advanced features of the popular ledger. For instance, one of the main characteristics of the ETH blockchain is its programmability, which is a concept that expands the utility cases of PEPE, strengthening the reliability of the network. Thanks to the programmable model, the system can deploy smart contracts, which are digital agreements for the creation of decentralized applications (dApps), such as decentralized finance for various services like borrowing, lending, and exchanges, and it is even possible to develop decentralized games to provide players with a seamless experience. Another popular feature enabled by smart contracts is NFTs, which are digital assets with a unique nature. Anything from the real world can be tokenized, such as real estate, art pieces, and even music, helping creators gain access to a global audience and have the opportunity to make passive income thanks to their NFTs.
An engaged community
One of the main characteristics that drives the success of PEPE is the engaged community behind it. The meme coin has a strong army of investors and supporters who promote the currency on social media, encouraging people to embrace its power. Of course, the community aims to push the coin to a new milestone, increasing its demand. Still, the popularity of the meme coins market is also due to the involvement of celebrities like Elon Musk, who holds a significant amount of Dogecoin and often tweets about the potential of the currency, sharing his goals to push the currency “to the moon.”
A beginner-friendly coin
Pepe can be considered a beginner-friendly coin for many reasons. First of all, we can say that it is an affordable option for people who are scared to invest a considerable amount of money, and despite its volatility, it can be a great option for portfolio diversification. Also, PEPE is one of the most secure coins because it is built on Ethereum’s blockchain, so the currency benefits from the high-security standards of the network. You can choose to invest in the Pepe coin to experiment with the digital market and embrace various trading strategies to identify the one that suits your financial needs most. Still, even if you are very confident, it’s essential to keep in mind the golden rule of the crypto world and invest only what you can afford to lose.
The bottom line
It is very interesting how a meme can turn into money in the advanced web3. Pepe is constantly evolving, so we can expect further innovations that will push the coin to a new milestone. So, we can consider the meme coin a wise investment choice.
