If you have spent at least an hour on the internet, chances are you’ve seen this little fella right here.
This is the iconic PEPE THE FROG meme.
The beauty of this meme is in its versatility. It can be stretched and molded into all kinds of popular figures, moods, or vibes, making its memeability amongst the best of any meme to grace the interwebs.
Got rugged on a shitcoin? There’s a pepe for it. Your 100x leverage trade hit? There’s a pepe for it. You got a girlfriend? Unlikely, but there’s a pepe for it. It’s so popular that people boast their pepe meme portfolios online.
Given how popular it is, it’s pretty surprising that it took until April 2023 for a memecoin to be made around this. But we eventually got it, and its rise was astronomical.
Within four days of its launch, the coin pumped almost 450,000%. There’s a popular story of how one trader turned a $251 investment into $1.14 million within 4 days. That’s absolutely insane.
Imagine all of this happened at the bottom of a bear market.
So, what are the specifics of this coin?
The PEPE Coin
The origins of this meme can be traced back to Matt Furie’s iconic “Boy’s Club” comics. The meme originated there and eventually took off all over the internet.
Backed by this impressive popularity is even more impressive tokenomics.
The coin launched on the Ethereum network, and in typically crypto fashion, the coin has a maximum supply of 420.69 Trillion tokens. All of this supply is now circulating.
At launch, 93% of the supply was added to the liquidity pool for users to trade with, and the remaining 7% was in a wallet controlled by the team that made the coin. To add to this, later on, the team announced that they had burnt 6.9 Trillion tokens from the treasury fund, leaving them with 3.79 trillion tokens, which are allocated for partnerships and marketing opportunities.
This coin has continued to ascend since its launch and will likely continue to do so.
So the question remains: how do you buy it?
How To Buy PEPE?
As always, at blocmates, our suggestion would always be to use a decentralized solution over a centralized one since you have custody over your own coins and cannot lose your funds in the exchange.
To do so, follow the steps below:
- Make sure your wallet (Rabby or Metamask) is loaded with ETH
- Go to Uniswap
- In the bottom panel, click on the token icon and paste the following contract address.
- CA: 0x6982508145454ce325ddbe47a25d4ec3d2311933
- Once PEPE shows up, select the quantity you would like to buy.
- Once that is finalized, click on “swap” and approve the transaction in your wallet. You should be all set.
The alternative for those who do not want to use a DEX is to use a CEX.
Assuming you have an account already made, PEPE is available on all the major CEXs. Binance, Bybit, Coinbase, Huobi, Upbit, or any other exchange you use. You can simply load funds into your account and buy it directly from the CEX. Pretty simple.
