• 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

a year 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.

chest

Other news

Controlled Selling Pressure in Bitcoin Market

chest

Selling pressure exists in the Bitcoin market, but it remains controlled and does not indicate panic.

user avatarGustavo Mendoza

Positioning Dynamics Amplify PUMP Price Moves

chest

The behavior of large holders and supply dynamics have amplified recent PUMP price movements.

user avatarDiego Alvarez

Flora Plans Strategic Growth with New Funding

chest

Flora plans to strategically utilize its $42 million Series A funding to expand enterprise sales, enhance product development, and increase marketing efforts.

user avatarMaria Fernandez

Flora's Node-Based System Transforms Creative Workflows

chest

Flora's innovative node-based design tool is transforming creative workflows by integrating artificial intelligence, allowing users to create and modify media assets through a unique system.

user avatarKenji Takahashi

Flora Secures $42 Million in Series A Funding

chest

Flora, the innovative node-based design platform, has successfully raised $42 million in Series A funding led by Redpoint Ventures.

user avatarMaria Gutierrez

Arbitrum Provides Reliable Ethereum Scaling Solutions

chest

Arbitrum continues to be a top choice for Ethereum scaling, attracting developers and traders with its efficient infrastructure.

user avatarRajesh Kumar

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.