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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Why Pepe Is The Perfect Meme Coin For 2024

Bitcoinist
by Bitcoinist
Last Updated: June 20, 2024 1:05 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Pepe Coin emerged from the dank swamps of yesteryear amid the frosty lows of crypto winter. The community that launched it and brought PEPE to such commanding heights as it now enjoys did not fear anything. Multiple SEC and DOJ investigations, FTX exchange collapse, several “CeFi” custody firms down for the count— the frog did not notice or care.

When Web3 investors looking to capitalize blockchains like Ethereum put their money into PEPE, they didn’t just get rug-pulled by an immature team that didn’t know how to follow through. They didn’t get pumped-and-dumped by savvy flash-in-the-pan day-traders with no long-term commitments. And they didn’t miss opportunities to profit more from doge memes.

The frog absolutely hopped over the moon after launching on Ethereum as an ERC20 meme token to keep the liquidity flowing for the world’s leading decentralized finance blockchain. In Q1 of this year, from Jan. 1 – Mar. 31, Pepe Coin gained 521% in price on crypto exchanges in just three months. That’s an average annualized return on investment (ROI) of 2,084%!

Your Grandfather’s Stocks

That would be like your grandfather waiting 208 years to get the same kind of return on investment that Pepe bagholders only had to wait three months for— when you calculate these kinds of growth figures forward using compounding interest finance calculators, the numbers start to get weirdly astronomical. Get ready to be a philanthropist if you invest in meme coins.

As for Pepe, it’s still a hot meme coin to invest in. This altcoin took over the blockchain zeitgeist and consciousness out of nowhere, upending years of rule by doge memes inspired by the Shiba Inu meme from Reddit. This was no small feat. The doges absolutely dominated Web3 meme currency for lightyears in Internet time before Pepe took over.

But it isn’t hard to see how Pepe did it.

Why Pepe Coin Holds Clout

This was a meme coup in decentralized finance just waiting to happen. First of all, Pepe already had clout as one of the most inveterate old Redditors’ most classic and treasured memes. The wilder, more disaffected, and less likely to support the mainstream establishment the forum, the more they seemed to love Pepe for years.

Secondly, Pepe is a frog meme. This is perfect for decentralized finance on Web 3.0 because of how in nature, bullfrog dads stay behind after eggs are laid to watch over the tadpoles. If the pool they’re swimming in begins to dry up, the dutiful bullfrog dad will dig a channel from another water source to fill the pool and keep his baby tadpoles swimming.

Now that’s the kind of peer you want to work with over the decentralized, anonymous, Web 3.0 network– someone with a sense of responsibility and long-term thinking about the project. Investing in new currencies that have the patience to keep their economies capitalized instead of scooping too much profit too soon is a strategy for bigger gains over the long haul.

Thanks for reading, and let me tell you briefly about a new Pepe-themed Ethereum meme coin project with big potential. Pepe Unchained is a Layer 2 meme coin that kind of looks like Mr. T from the A-Team and Rocky III.

But most importantly, this bad boy is a real utility token with instant bridging to ETH, low transaction fees, high volume capacity— (100x faster than ETH), and a dedicated block explorer.

Check Out Pepe Unchained In Presale Now.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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