• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

PEPE Follows Dogecoin's Footsteps

user avatar

by Giorgi Kostiuk

2 years ago

The memecoin PEPE gains attention due to its similarities with Dogecoin and Elon Musk's involvement. The question is whether it can reach the same heights.

The Birth of Dogecoin

Dogecoin was created in 2013 as a joke based on the 'Doge' meme featuring a Shiba Inu. It remained a niche cryptocurrency until Elon Musk showed interest.

Elon Musk's Support

In 2021, Musk dubbed Dogecoin the 'people’s crypto', and Tesla began accepting it as payment. He might follow a similar path with PEPE, which was inspired by the 'Pepe the Frog' meme.

Explaining Constitutional Amendments.

The Future for PEPE

Analysts compare PEPE’s rise to Dogecoin in 2021 and predict that it could also experience rapid growth, especially if it gets official backing from Elon Musk.

PEPE exhibits parallels with Dogecoin, and its future growth will depend on celebrity interest and the crypto community's trust.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Hut 8 Wins Bid for Poolin's Texas Datacenter Sites

chest

Hut 8 has successfully bid $140 million for two datacenter sites owned by the bankrupt mining company Poolin.

user avatarLucas Weissmann

Senate Banking Committee Democrats Request Hearing on Prediction Markets

chest

Democratic members of the Senate Banking Committee request a public hearing to examine the growing issue of prediction markets and their regulatory implications.

user avatarFilippo Romano

Crypto Economic Activity Remains Strong Despite Market Downturn

chest

Crypto economic activity has shown resilience despite a significant drop in market capitalization, indicating a shift in market dynamics.

user avatarEmily Carter

Visa's Research Highlights Trust as a Barrier to Stablecoin Adoption

chest

Visa's research highlights that trust and fraud protection are essential for stablecoin adoption, with 36% of US respondents considering their use, especially with bank-level protections.

user avatarTomas Novak

Cardano's Onchain Governance Approves New Treasury Allocations

chest

Cardano's governance system has approved a new round of treasury allocations aimed at infrastructure and ecosystem development.

user avatarKaterina Papadopoulou

Galaxy Invests $100 Million in Onchain Credit Infrastructure

chest

Galaxy has invested $100 million in Sky Protocol's yield-bearing sUSDS, integrating it into its corporate treasury and allowing it as collateral for institutional trading.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.