But not so much of it is surprising because of the recent Frenzy around meme coins. Enter PeiPei Crypto, a Chinese version of PePe.
So, let’s know what Peipei Crypto is all about, the team, the story, and whether it can replicate the success of Pepe again.
Table of Contents
The Origin of PeiPei Coin
PeiPei coin is a meme coin that has a fascinating origin. It is based on the Chinese version of Pepe the Frog, a popular cartoon character and internet meme.
However, the PeiPei coin is not just a copycat of Pepe. It has its own unique story and features that make it stand out from other meme coins.
Journey of PeiPei Crypto
PeiPei coin was born out of adversity when the former dev and owner of the project betrayed the community and ran away with the marketing funds. The price of the coin plummeted from an all-time high of 2 million market cap to 50k market cap.
But the community did not give up. A few brave individuals stepped up and took over the project’s leadership. They faced many challenges and obstacles, such as losing the Telegram group and Twitter account multiple times, but they persevered and rebuilt the project from scratch. They also added new elements to the project, such as an animated series featuring PeiPei and his adventures.
The animated series was inspired by Matt Furie’s animation of Pepe the Frog. It has no fixed plot, but each episode has its own storyline showcasing PeiPei’s personality and humor. The first episode introduces PeiPei’s backstory as he daydreams about spending the summer holidays with his brother Pepe, who lives in America.
Three videos have been released and more are coming up.
PeiPei Coin Analysis
PeiPei crypto has a total supply of 1 billion tokens, with a circulating supply of 572 million tokens. The rest of the tokens are locked forever, as bots bought them at launch and then blacklisted. The coin has a 2/2 tax, which means 2% on buy and sell, which goes to a tax wallet for the continuous development and marketing of the project.
The project claims to have a safe dev team, a hyped name, and a high x potential. It also has an extensive marketing agreement and a significant partnership in the works.
PeiPei coin is currently ranked as the #1712 cryptocurrency by market cap, with a price of about $0.00005 in USD or 0.0000000019 in BTC. It is traded on Uniswap v2, a decentralized exchange that allows users to swap tokens without intermediaries.
Pros and Cons of Investing in PeiPei Coin
Before investing in PeiPei coin or any other meme coin, you should weigh the pros and cons carefully. Here are some of the main advantages and disadvantages of buying PeiPei coin:
- Fun and entertaining: Investing in the PeiPei coin can be an enjoyable experience, as you can be part of a lively community that shares memes, jokes, and stories. You can also watch the animated series and follow PeiPei’s adventures.
- High reward potential: Meme coins can offer huge returns in a short period of time, as they are driven by hype and sentiment. PeiPei coin has already shown its ability to skyrocket in value, reaching a peak market cap of 2 million dollars. If the project can generate more buzz and attract more investors, the price could go even higher.
- Low entry barrier: PeiPei coin is very affordable, as it costs only a fraction of a cent. You don’t need a lot of money to buy a large amount of tokens. You can also trade PeiPei coins easily on Uniswap v2 without having to deal with complicated registration or verification processes.
- High risk: Meme coins are very volatile and unpredictable, as they are subject to market whims and manipulation. PeiPei coin has already experienced a massive drop in value, losing more than 97% of its peak market cap. There is no guarantee that the price will recover or stabilize, and you could lose most or all of your investment.
- Lack of utility or value: Meme coins have no intrinsic value or real-world use cases, unlike other cryptocurrencies that offer innovative solutions or services. PeiPei coin’s sole purpose is to be a meme, and it does not have any unique features or benefits that differentiate it from other meme coins.
- Lack of transparency or credibility: Meme coins are often created by anonymous or unknown developers, who may have ulterior motives or hidden agendas. PeiPei coin’s original dev betrayed the community and stole the marketing funds, which raises questions about the project’s legitimacy and trustworthiness. The current dev team has not revealed their identities or backgrounds, and there is no official website or roadmap for the project.
PeiPei coin is a meme coin that has overcome many challenges and has many exciting features. It is based on a popular cartoon character and has its own animated series. It also has a low tax, a high reward, and a strong community.
However, it also faces some uncertainties and dangers, such as possible pump-and-dump schemes or lack of an official roadmap or website. Therefore, investors should be cautious and informed before joining the journey with PeiPei coin.
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