Pepe

PEPE is a decentralized cryptocurrency, started in 2023 by an anonymous team that was inspired by the popular internet meme, Pepe the Frog. Compatible with the Ethereum network, PEPE, pronounced “Peh-peh,” is an ERC-20 token. You can use PEPE to trade and stake digital currencies, as well as participate in the Ethereum network. 

Ethereum’s ecosystem is powered by technology called smart contracts. A smart contract is a digital agreement written in computer code that lives on PEPE's blockchain. It automatically does something when certain conditions are met. For example, if you send me 1 PEPE, the smart contract instantly sends you a digital artwork that I created. No human needs to be there to make it work, the smart contract follows the rules it was programmed with.

The Ethereum blockchain network is compatible with is a huge, secure, evergrowing ledger of smart contract transactions, which everyone can see, and is immutable. Once a traditional smart contract is created, it can't be altered. These types of smart contracts will always follow the original rules that they were programmed with. Upgradable smart contracts allow for changes to be made, adapting to new requirements, or fixing bugs.

Today, decentralized finance (DeFi) dapps are the most popular use for PEPE. Named after the iconic internet meme, PEPE crypto holders are typically community-led, memecoin traders.