People Create Memecoin Inspired by Pepe the Frog

What is Pepe (PEPE)?

Pepe (PEPE) is a memecoin inspired by the popular internet meme Pepe the Frog. Operating on the Ethereum Blockchain, PEPE is used solely for collection, trading, and speculation. Its creators remain anonymous and have no connection to Matt Furie, the creator of Pepe the Frog.

Memecoins are cryptocurrencies often inspired by internet memes. They typically have simple features and economies and are created as jokes or references. However, the hype surrounding memecoins can increase their popularity and prices, making them subjects of speculative trading.

Pepe is an example of such a memecoin. Developers launched the token on the Ethereum Blockchain without any partnerships, token sales, or complex "tokenomics." This allows anyone to buy, collect, or sell PEPE, but it has no other functionality. The sole purpose of PEPE is to serve as a collectible and tradeable asset with no function beyond being a meme.

The Pepe the Frog meme was introduced in 2005 by cartoonist Matt Furie in the comic series Boy's Club. Pepe is depicted as a big-mouthed, green frog who plays video games and hangs out with friends. In the mid-2010s, the meme gained more controversial meanings and was accused of being adopted by far-right views. In response, Furie launched a campaign to reclaim Pepe, emphasizing the message "Pepe is love" with the #SavePepe movement.

The PEPE coin was launched in April 2023 as an ERC-20 token on the Ethereum Blockchain. The website providing information about the coin states that it has no connection to the original Pepe the Frog creator, Matt Furie. It quickly caught the attention of the cryptocurrency world, being purchased by thousands of users and reaching a market value of $500 million within about two weeks. Currently, the developers of PEPE remain anonymous, and their real identities are unknown.

PEPE coin's total supply was fully released at launch, reaching 420,690,000,000,000 tokens. Initially available only in the Uniswap liquidity pool, the token can now be bought and sold on many centralized and decentralized trading platforms. PEPE has no use beyond collection, trading, and speculation.

How to Buy Pepe (PEPE)?

Binance TR is the most suitable cryptocurrency exchange for investors in Turkey who want to buy Pepe (PEPE). Binance TR allows quick account creation and offers trading for over 100 cryptocurrencies, including PEPE.

How to Open an Account on Binance TR

• Visit the trbinance.com website and select "Create Account."
• Enter your email address, phone number, personal information, and T.C. identification number.
• Verify your email address and phone number.

How to Verify an Account on Binance TR

• Hover over the "Profile" option and select "Identity Verification and Limits."
• Scan the QR code with your phone's camera or copy the URL to send it to your phone.
• Choose your document type and upload clear photos of the front and back sides of your ID card or driver's license.
• Take a selfie and upload it.

How to Deposit TL on Binance TR

• Select "Wallet" and then "Deposit."
• Choose your preferred bank and follow the instructions.
• Transfer funds to the provided bank account using the displayed information.

How to Buy PEPE Coin with TL on Binance TR

• Select "Buy-Sell" from the top left menu.
• Search for "PEPE" and select the PEPE/TRY option.
• Enter the price and number of PEPE coins you want to buy.
• Click the "Buy PEPE" button.

What is Binance TR?

Binance TR is the official Turkish platform of Binance, the world's largest cryptocurrency exchange by trading volume. Launched in 2020, Binance TR offers fiat-to-crypto and crypto-to-crypto trading services. Users can deposit and withdraw Turkish lira (TRY) directly through bank channels and trade various cryptocurrencies with TRY pairs.