What Is Pepe? The Ethereum Meme Coin Inspired by the Iconic Cartoon Frog

what is $pepe

On October 14th, Redditor c_dunbar submitted a screenshot of p–nstarwars’ post to /r/me_irl,63 where it garnered upwards of 5,700 votes (94% upvoted) within four months. On October 23rd, 2016, the Peep the Toad Facebook67 page was launched, which highlights various examples of the toad character (shown below). “Well Meme’d” is an ironic expression typically accompanied an exploitable image of a character laughing and saying “Hahaha, great post!

Additionally, meme coins can provide a sense of community and belonging, as many investors join together to support and promote their favourite coins. The past year has seen a significant trend in the crypto market, with meme coins emerging as a dominant force. Coins like Dogecoin and Shiba Inu have previously been the memecoin darlings of the crypto space, but with Pepe moving into the top 30 coins, it’s possible that it could soon earn a similar title.

I Guess We Need To Talk About Pepe The Frog

To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved or otherwise endorsed by our partners. Moreover, the crypto market as a whole is showing strong signs of life, not least because of the victory of Donald Trump – who is perceived to be a fan of crypto generally – in the US presidential election. Bitcoin recently hit an all-time high price, and other major cryptocurrencies have also experienced significant gains. This renewed momentum in the pepe coin how to buy market could bode well for Pepe Coin as investors become more confident and look to diversify their portfolios.

In comparing various financial products and services, we are unable to compare every provider in the market so our rankings do not constitute a comprehensive review of a particular sector. While we do go to great lengths to ensure our ranking criteria matches the concerns of consumers, we cannot guarantee that every relevant feature of a financial product will be reviewed. However, Forbes Advisor Australia cannot guarantee the accuracy, completeness or timeliness of this website.

Pepe Price Live Data

Once you’ve bought Pepe Coin or any cryptocurrency, it’s essential to store it somewhere safe to keep your investment secure. While many people choose to store their crypto on the exchange, this requires trusting the exchange to keep your investments safe. As was seen with the collapse of FTX, this is not always a wise choice. The project also maintains a multi-signature wallet that holds a significant amount of Pepe Coin, creating a systemic risk to the coin’s price if those tokens were to be released onto the open market. If this wallet were to be hacked or the founders decided to sell off these holdings, the massive increase in supply would likely flood the market and tank the price. “When we felt that Pepe was reaching that point of the hateful version becoming more widespread, that’s a criteria for adding it to our hate symbols database,” he explained.

More From the Los Angeles Times

what is $pepe

In the past, anonymous creators of virally popular crypto projects have stolen their users funds via rug pulls. Piggybacking off the success of the popular Netflix show, Squid Game, the token, which wasn’t connected to the show, rose 35,000% in three days. Before people were aware of its shady backing, the anonymous team made off with over $2 million dollars.

  • However… we have to try to have the best relationship we can, no matter what government is in power,” Mujica insisted, asking the presidential candidates for policies favorable to citizens and the ability to generate a favorable climate for negotiation.
  • We prefer to view him as he was intended to be, a frog just trying to make it through the day, albeit, awkwardly and with fault.
  • Pepe Coin is a memecoin based on the ‘Pepe the Frog’ cartoon character Matt Furie created and has no real-world utility or function.
  • Smug Frog, also known as Smug Pepe, is a reaction image of a smug-looking version of Pepe (shown below).
  • With another presidential election in just a few months, the meme wars will only continue to heat up, and phases do tend to repeat themselves given a long enough time.

Pepe the Frog Foretold the Fraught World of Modern Memes

Your financial situation is unique and the products and services we review may not be right for your circumstances. Performance information may have changed since the time of publication. In giving you information about financial or credit products, Forbes Advisor is not making any suggestion or recommendation to you about a particular product. It is important to check any product information directly with the provider. Consider the Product Disclosure Statement (PDS), Target Market Determination (TMD) and other applicable product documentation before making a decision to purchase, acquire, invest in or apply for a financial or credit product. Contact the product issuer directly for a copy of the PDS, TMD and other documentation.

The official Pepe Coin team has warned investors about these copycat projects, stating that they are not affiliated with any other Pepe-branded meme coins. The team has also emphasised that all official communication will come from its official X account, and investors should be wary of any information or promotions coming from other sources. The wider world doesn’t care about OPEC or Deutsche Bank right now – they want to know why a global internet meme called Pepe the Frog has been put on a list of hate symbols.

On September 10th, Donald Trump Jr. posted a photoshopped movie poster on Instagram23 of the 2010 action film The Expendables, which features various prominent conservatives and Pepe the Frog with the title “The Deplorables” (shown below). On July 30th, 2016, Tumblr62 user po–starwars submitted an illustration of an anthropomorphic toad with the caption “when u cant afford quality name brand memes so u have to settle for / peep the toad” (shown below). Angry Pepe, also known as Angry Frog, is a reaction image featuring a hostile-looking variation of Pepe. The image is often accompanied by expressions of rage and intense frustration. Smug Frog, also known as Smug Pepe, is a reaction image of a smug-looking version of Pepe (shown below). The ADL added that the use of racist and bigoted versions of Pepe memes seemed to be increasing, but added that it was important to examine use of the meme only in context.

This how to buy sell and trade cryptocurrencies unassuming cartoon frog became so established as a racist symbol that the Anti-Defamation League (ADL) labeled Pepe the Frog as a hate symbol in September 2016. The information provided by Forbes Advisor is general in nature and for educational purposes only. Any information provided does not consider the personal financial circumstances of readers, such as individual objectives, financial situation or needs. Forbes Advisor does not provide financial product advice and the information we provide is not intended to replace or be relied upon as independent financial advice.

Uruguayan Election Update: Pepe Mujica Casts His Vote

Ethereum gas fees apply when buying, selling, and transferring PEPE coins. When your tune comes on, or the Fallout music hits just right, you know it’s time for PepeJAM. Pretty straightforward here, with headphones over his ears, and animated versions have him bouncing up and down. This is basically Pepe 101, a common reversal of the famous “feels good man.” Feelsbadman can be found all over Twitch when a streamer encounters something sad. Maybe the game you’re looking forward to still doesn’t have any updates? Really, you could write a book on all of the different variations that appear as emotes on Twitch alone, and that’s not even touching the countless “rare” Pepes that have been minted over the years either.

Pepe the Frog is an anthropomorphic frog character from the comic series Boy’s Club by Matt Furie. On 4chan, various illustrations of the frog creature have been used as reaction faces, including cryptocurrencies 2021 Feels Good Man, Sad Frog, Angry Pepe, Smug Frog and Well Meme’d. Pepe coin’s price has already experienced significant changes in price over its short lifespan.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *