Let’s take a look at the rise of PEPE in the MEME coin ecosystem.

Pepe, as a representative of the MEME coin ecosystem, became popular in the crypto community thanks to his strong presence on various social platforms and active participation in communities. His image, characterized by humor and creativity, quickly attracted attention, and his popularity grew due to the consensus formed within these communities. Although the price of MEME coins fluctuates significantly, his success demonstrates how the popularity of tokens can be driven by community support. This shows how communities can help a token rise to prominence.

I. Meme Culture and Meme Coins

What is a meme?

A meme is a cultural element that spreads widely on the Internet. It can take various forms, such as images, videos, animations, text, etc. In other words, it’s what we call “trends” or humorous references.

The concept of “meme” originated in 1976. Popular science writer Richard Dawkins described and defined memes in his book “The Selfish Gene,” trying to explain how culture spreads. He used the term to describe “elements that resemble genes in terms of their role in thought, belief, behavior, and biological evolution.”

According to the Oxford English Dictionary, a meme is defined as “a basic cultural unit that spreads through non-genetic means, especially those that imitate others.”

Today, the term “meme” has become widely used for two reasons: first, memes often have humorous, satirical, or exaggerated qualities, making them easy to share through social media, online forums, and instant messaging channels.

Secondly, due to the widespread use of the Internet and social media, people can easily create, share, and spread content. Information dissemination has become much more convenient, and the costs associated with spreading information have decreased significantly.

In general, Memes are a popular form of cultural expression on the Internet. They are widely loved for their humor, irony, and ability to resonate with people's emotions.

What is MemeCoin?

MemeCoin is a cryptocurrency based on Internet memes. It is usually created by developers or enthusiasts, inspired by popular memes or Internet culture. These coins are widely shared through social media and online forums.

Unlike other cryptocurrencies, MemeCoins are created for entertainment purposes. These memecoins have no specific use or practical application. Instead, they provide an opportunity for people to engage in speculative activities, thereby creating wealth. The rise in value of memecoins like Shib and PEPE has been quite remarkable, and these memecoins have become popular among investors on the Internet. Today, Meme culture has become a part of the Crypto world.

Among the many memecoins, one that deserves special attention this year is PEPE. PEPE increased in value by nearly 7000% within 17 days after its launch on April 16th. This extremely high increase attracted more users to invest in it.

Second, what is PEPE?

PEPE 是一个由匿名团队基于 Meme「Pepe the Frog」开发的 Memecoin，灵感来自于标志性的青蛙佩佩。

根据 pepe 官网的介绍，Pepe 是为了让 meme coins 再次伟大而来，该代币没有预售，零税收，LP 已销毁并且合约已放弃。

三、pepe 的起源

Meme 币的起源可以追溯到 2013 年底的 Dogecoin (DOGE)，并在 2021 年的牛市中达到峰值。

在 2021 年，DOGE 币获得了主流的流行度，从 1 月 1 日的 7 亿美元市值增长到 5 月初的 880 亿美元市值， 4 个月的时间，市值增加了 100 多倍。

在 Dogecoin 的行情之后，Shiba Inu.(SHIB) 在 10 月底达到了 420 亿美元的市值，而年初时其市值还不足 100 万美元，这些以狗为主题的资产没有内在价值，但它们与病毒性的互联网表情包的联系，推动了它们在加密货币用户和零售用户中的流行度。

目前，DOGE 的市值在 112 亿美元左右，当然了，DOGE 代币的暴涨也与世界首富马斯克有很大的关系，他曾在推特中多次提到自己对于 DOGE 的喜欢，而且最近还把自己的推特账号定位改为 XD(X 即推特的新 logo，D 即 Doge)。一个如此有影响力的世界级科技网红的推动，对于 DOGE 的发展有着很大的关系。