Pepe Coin: Tokenomics, Roadmap, Burn LP Token

Bittime  - Pepe coin token which is in the memecoin category is now ranked in the top 20 coins on coinmarketcap based on its market size. 

How tokenomics PEPE, utility, roadmap and process for LP Burn tokens? Check out this article.

How $PEPE utility?

A total of 93.1% of the total tokens have been allocated to the liquidity pool, where LP tokens are burned and contract ownership is declared lost. 

The remaining 6.9% of the supply is held in a multi-sig wallet that will only be used for future centralized exchange listings, bridges, and liquidity pools. 

This wallet can be tracked with the ENS name “pepecexwallet.eth”.

$PEPE Coin has no connection to Matt Furie or his creation, Pepe the Frog. This token simply honors the memes we all know and love.

$PEPE is a memecoin that has no intrinsic value or expectation of financial returns. 

There is no formal team or roadmap. 

These tokens are completely useless and are for entertainment purposes only.

What's that Pepe Coin?

Pepe is tired of seeing everyone playing "hot potato" with various coin derivatives such as Shiba, Kishu and others. 

It's time for the world's most recognizable meme to take over as king of the internet. Pepe is here to restore the glory of memecoin. 

Launched with no presale, no taxes, LPs burned, and contractual ownership declared lost, $PEPE is the coin for the people, forever. 

Backed by pure meme power, let $PEPE show you the way.

How to Buy $PEPE based on the Official PEPE Website Page

1. Create a Wallet

Download Metamask or the wallet of your choice from the App Store or Google Play Store for free. 

Desktop users can download the Google Chrome extension at metamask.io.

2. Get ETH

Make sure you have ETH in your wallet to exchange for $PEPE. 

If you don't have ETH, you can buy it directly on Metamask, transfer from another wallet, or buy on an exchange and send it to your wallet.

3. Visit Uniswap

Connect to Uniswap by visiting app.uniswap.org in Google Chrome or in the browser within your Metamask app. 

Connect your wallet, paste the $PEPE token address into Uniswap, select Pepe, and confirm. 

When Metamask asks for a wallet signature, sign it.

4. Exchange ETH with $PEPE

Exchange your ETH for $PEPE. 

We don't charge taxes, so you don't need to worry about any particular slippage, although you may need to use slippage when market volatility is high.

Tokenomics PEPE

Roadmap PEPE

Of course, the PEPE Tokenomics above is more comedy and entertainment in nature.

Information Regarding Burning LP Tokens on Pepe Coin

On October 24, 2023, Pepe Coin burned 6.9 trillion tokens, which is equivalent to approximately $5.5 million. 

This burning is done to reduce the supply of circulating tokens and increase investor confidence. 

Token burning permanently removes tokens from the supply by sending them to an address that no one can access.

Read too PEPE Price Prediction 2025-2030: Growth Potential and Analysis!

Impact of Burning PEPE

Following the burn, the price of Pepe Coin saw a 31% spike, indicating that this action was successful in alleviating concerns about the development team's ownership of the token. 

Currently, the development team still holds 3.79 trillion tokens, which is not expected to have a significant impact if sold on the open market, considering that daily trading volume has increased to $397 million.

PEPE Burn Decision

The decision to burn these tokens was taken after several irresponsible Pepe developers carried out a series of unexpected transfers from the project's multisignature wallet, resulting in the loss of millions of dollars worth of tokens. 

These burns account for about 1.6% of the memecoin's total supply.

PEPE Future Strategy

A new team of advisors has been appointed to help steer Pepe forward. They are exploring using the remaining 3.79 trillion tokens associated with the original team's multisig wallet for strategic partnerships and marketing opportunities.

Conclusion

$PEPE Coin has no connection to Matt Furie or his creation, Pepe the Frog. 

This token pays tribute to the meme we all know and love. 

$PEPE is a memecoin that has no intrinsic value or expectation of financial returns. 

FAQ about PEPE Coin

1. Can I sell Pepe Coin?

Yes, you can sell Pepe Coins. These tokens are available on various cryptocurrency exchanges, including major platforms such as Coinbase, Binance, and Uniswap. 

You only need to have a wallet that supports this token and make transactions on the exchange you choose. 

For further information, you can visit Bittime.

2. Can Pepe Coin reach $0.5?

Reaching $0.5 for Pepe Coin would require very significant growth, considering the current price is well below that figure. 

While nothing is impossible in the world of cryptocurrency, investors should be careful and consider the risks involved. 

Currently, many analysts predict that Pepe Coin can achieve a more realistic price target in the short term, but $0.5 may be too ambitious in the near term.

3. How high can Pepe Coin reach in 2025?

Price predictions for Pepe Coin in 2025 vary depending on many factors, including market adoption, investor sentiment, and project development. 

Some analysts are optimistic that if the bullish trend continues, Pepe Coin could reach higher prices, but it should still be remembered that the cryptocurrency market is very volatile. 

Some predictions suggest that Pepe Coin could reach between $0.00003 to $0.0001 if the positive momentum continues. 

However, all of this is highly speculative and depends on broader market conditions

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

Reference

Tokeninsight. Tokeninsight.com, Accessed November 28, 2024

Pepe.vip, Pepe Website, Accessed November 28, 2024

Oliver Knight, Pepe Memecoin Burns $5.5M Tokens Prompting 31% Rise, Accessed November 28, 2024

Author: IN