Pepe In-depth Report Generated by AI - For further details, please review:

https://alpha.sosovalue.xyz/trade/PEPE-USDT-BINANCE

1)What is pepe (PEPE)?

Pepe (PEPE) is a cryptocurrency that has been developed as an ERC-20 token on the Ethereum blockchain. The key features and aspects of Pepe are as follows:

Deflationary Model: PEPE operates with a deflationary model, meaning its supply is designed to decrease over time, potentially increasing its scarcity and value

Proof-of-Stake Consensus Mechanism: It utilizes the proof-of-stake (PoS) consensus mechanism. This involves decentralized validators who stake Ethereum (specifically, 32 ETH) to facilitate transactions and uphold the network's integrity

Inspiration from Meme Culture: The token capitalizes on the popularity of meme culture. It is inspired by the "Pepe the Frog" internet meme, integrating the decentralized blockchain structure with the meme's widespread appeal

Launch and Market Performance: PEPE was launched around mid-April 2023. Within less than three weeks of its launch, it achieved a significant market capitalization, exceeding $420 million, and made it into the list of the top 100 cryptocurrencies by market cap

Meme-Based Cryptocurrency: As a meme-based cryptocurrency, Pepe Coin aims to establish itself among the leading meme-based cryptocurrencies, following the trend of other popular meme coins Overall, Pepe (PEPE) represents a blend of modern cryptocurrency mechanics with meme culture, aiming to attract both crypto enthusiasts and those interested in internet trends and meme culture.

2)Which sector does pepe (PEPE) belong to?

Pepe (PEPE) belongs to the meme coin sector within the cryptocurrency market. This sector has experienced significant developments and trends in 2023, which are important to understand when considering the current situation and development prospects of meme coins like Pepe.

Current State and Popularity: Meme coins have seen a notable resurgence in recent months. They have gained significant attention and popularity, partly driven by the influence of internet culture and social media. Memes, which are a key part of internet culture, have been integrated into these cryptocurrencies, adding a unique element of virality and community engagement to them

Market Dynamics and Interest: The first half of 2023 saw a surge in interest in meme coins, with the sector being among the most viewed in the cryptocurrency market. This increased attention reflects the growing importance of these coins within the broader crypto landscape

Speculative Nature and Investor Sentiment: Meme coins are largely driven by social media hype and investor sentiment, rather than traditional fundamental value. This speculative nature has led to significant price movements, making them popular among investors looking for quick gains. However, this also adds to their volatility and makes them risky investments

Future Prospects and Uncertainties: The future of meme coins, including Pepe, remains uncertain. Their long-term sustainability and value proposition are subjects of debate. Factors such as market sentiment, regulatory developments, and community engagement will play crucial roles in shaping their future. Increased regulatory scrutiny as the cryptocurrency market matures could also impact the viability and trading volume of meme coins

3)What is tokenomics of pepe (includes allocation and supply schedule)?

The tokenomics of Pepe (PEPE), a cryptocurrency based on the Ethereum blockchain, is characterized by a unique and transparent structure. The following points provide a comprehensive overview of its tokenomics, including token allocation and supply mechanism:

Total Supply and Circulation: The total supply of PEPE is 420,690,000,000,000 coins. As of the latest information, it has a circulating supply of approximately 420.69 trillion tokens

Token Allocation and Distribution: A significant portion, 93.1%, of PEPE tokens has been allocated to the liquidity pool. The liquidity provider (LP) tokens have been burned, and the contract associated with these tokens has been renounced. This approach is part of the token's deflationary strategy, reducing the overall supply in circulation over time

Remaining Supply Management: The remaining 6.9% of the total supply is held in a multi-signature wallet. This portion of the supply is reserved for future use in centralized exchange listings, bridges, and liquidity pools. The wallet is transparent and can be tracked via the Ethereum Name Service (ENS) name “pepecexwallet.eth”

Redistribution System: PEPE implements a redistributive system where a fraction of each transaction is distributed to current token holders. This system is designed to reward long-term holders and foster sustained investment in the token. It aims to encourage user engagement and provide incentives for holding the token over an extended period

Taxation Policy: PEPE follows a “No Taxes, No Bullshit” policy, meaning there are no taxes applied to transactions involving this token. This policy simplifies the token’s value proposition and potentially makes it more attractive to investors who prefer straightforward transaction models

4)What about the team and the investors of pepe?

Team Behind PEPE:

Origin and Key Individual: The PEPE concept was based on the Pepe the Frog meme and was launched in April 2023. A key figure in its popularization was identified as Zachary Testa

Development Team: PepeTeam, responsible for the coin's development, is described as a highly qualified, anonymous, and independent group. Formed in 2022, they are ideologists of WEB3 technology, focusing on DeFi products and emphasizing community opinion and participation. Their expertise spans various domains including backend and frontend development, contract development, mobile development, design, and analysis

Team Members: The team comprises individuals with pseudonyms such as Rabid Squirrel, Turbo Stump, Crypto Pilgrim, Infinity Stalker, Restless Koala, and Stupid Boar

Funding History:

Initial Investment: An investigation into PEPE’s funding revealed that 57 anonymous wallets, with no prior transaction history, made the initial investment. This raised suspicions about a coordinated insider effort. The wallets invested around $50 each in PEPE and later cashed out profits nearing a quarter of a million dollars per wallet

Funding Sources: These 57 wallets were funded by just eight sources. Notably, 13 wallets were powered by the FixedFloat hot wallet, and 32 by the Uniswap Universal Router. This suggests a potential insider operation tied to PEpe's creation

Profit from Insider Activity: The investigation indicated that a single individual or a well-coordinated group might have pocketed over $10 million within a week from these activities. The funding transactions for these wallets were executed just before PEPE’s 93% token supply was moved into the Liquidity Pool

5)What is the development history of pepe?

List all important events and milestones in the development process of pepe. Chronological Development and Milestones

Launch and Immediate Success: PEPE was launched on April 16, 2023. Right after its launch, it gained significant popularity and reached a market cap of $500 million within days

Trading and Value Surge: By May 11, 2023, PEPE had become a highly talked-about meme coin in the crypto world, recording over $420 million in trading volume in just one day. The majority of trading happened on Binance, with a significant portion also on Uniswap

All-Time High and Market Cap Peak: On May 5, 2023, PEPE reached its all-time high price of $0.000003457 and a market cap of $1.61 billion. This performance was remarkable for a newly launched memecoin, quickly elevating it into the top 100 cryptocurrencies

Subsequent Decline: After its peak, PEPE experienced a significant decline in value and market cap, falling to around $650 million, which is almost a 60% drop

6)What is the progress and future roadmap of it?

Roadmap Phases: The roadmap of PEPE is divided into three phases: Meme, Vibe and HODL, and Meme Takeover.

Phase 1 - Meme: This phase, which has been completed, involved launching the coin, creating buzz on social media, and getting listed on significant exchanges like CoinGecko and Coinmarketcap.

Phase 2 - Vibe and HODL: Currently underway, this phase focuses on community partnerships, listings on centralized exchanges, starting a newsletter, and establishing a private Discord server for token holders.

Phase 3 - Meme Takeover: This future phase aims to achieve listings on Tier 1 exchanges, launch Pepe tools and Pepe Academy, and focus on surpassing Bitcoin’s market dominance. The ultimate goal is to gain over 100,000 users.

7)List all important links related to it.

Official Website: Pepe Coin Official Website

Comprehensive Guide: A detailed guide about PEPE is available at BeInCrypto's PEPE Guide

Trading and Chart Analysis: For trading and chart analysis of PEPE, visit DEXTOOLS

Social Media Links:

Twitter: PEPE Coin on Twitter

Telegram: Official PEPE Coin Telegram Group

8)Bullishness index for this token from the perspective of token valuation and future potential from Chatgpt 4

Current Valuation

As of the latest data, PEPE is priced at $0.000001143, with a market capitalization of approximately $477 million, making it the 99th largest cryptocurrency by market cap. It also has a relatively high trading volume, indicating active market participation Future Prospects and Price Predictions

Short-Term Predictions:

CoinCodex: Predicts a slight decrease in PEPE's price to $0.000001418 by early July 2023

CryptoNewsZ: Forecasts a minimum price of $0.0000011 and a maximum of $0.0000023 for 2023, with an average expected value of $0.0000016

Long-Term Predictions:

CoinCodex: If PEPE follows the growth pattern of the internet, it could reach $0.00002886 by the end of 2024, and $0.00003726 to $0.00004810 between 2025 and 2026. If it follows Facebook's growth pattern, the price could be as high as $0.000189 by 2025 and $0.000419 by 2026

Changelly: Predicts significant growth, with PEPE potentially hitting $1 by 2032, which would be a massive increase of over 68,259,300%

CoinPedia: Provides a more conservative estimate, with PEPE's price expected to gradually increase year by year, potentially reaching between $0.00000859 and $0.00001302 by 2028

Technical Analysis:

The asset is trading above the middle part of the Bollinger Bands indicator, suggesting a current uptrend. The Moving Average Convergence Divergence (MACD) indicator also shows increasing activity, indicating potential for further price increases in the short term

Market Analysis and Community Support:

The enthusiasm and active participation of the PEPE community, along with continuous development efforts by the team, could positively influence its long-term value growth. However, the volatile nature of the cryptocurrency market and the speculative status of meme coins like PEPE necessitate cautious consideration of these predictions