• 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

Ethereum Active Addresses Hit New Record High

chest

Recent data indicates that the Ethereum network has achieved a new all-time high in its 30-day moving average of Active Addresses, suggesting a surge in user activity.

user avatarKenji Takahashi

Ethereum Spot ETFs Face Negative Netflow Trend

chest

Ethereum spot exchange-traded funds (ETFs) have experienced a shift in netflow trends, moving back to negative after an earlier positive streak.

user avatarDiego Alvarez

Virtuals Protocol and t54 Launch Agent Commerce on XRP Ledger

chest

Virtuals Protocol and t54 have announced the integration of agent commerce into the XRP Ledger, enabling AI agents to transact using escrowed jobs and programmable settlements.

user avatarMaria Fernandez

South Korean Opposition Party Seeks to Abolish Cryptocurrency Tax

chest

The South Korean opposition party has introduced a bill to abolish the planned 22% capital gains tax on cryptocurrencies, arguing it creates unfair disparity compared to stock investors.

user avatarRajesh Kumar

Coinbase Expands Global Offerings with Stock Perpetual Futures

chest

Coinbase has launched stock perpetual futures for non-US traders, allowing 24/7 trading of major tech stocks as part of its strategy to integrate crypto and traditional assets.

user avatarGustavo Mendoza

Grayscale Moves to Launch HYPE ETF Following SEC Application

chest

Grayscale has submitted an S1 registration form for the Grayscale HYPE ETF, aiming to trade on NASDAQ under the GHYP symbol.

user avatarMiguel Rodriguez

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.