How To Buy Pepe Coin In 2023

X

The Pepe Coin is the latest in the list of meme coins to create a buzz in 2023. This relatively new project is about reviving the declining trend of cryptocurrencies and primarily revolves around making meme coins great again. Despite being a meme coin, this new project has gathered the interest of several investors due to its unique appeal and fundamentals. Moreover, the coin’s entry into the top 100 cryptocurrencies just weeks after its launch has made it an investor’s favorite meme coin in a defined span.  Read on to learn more about how to buy Pepe coin in the following sections of our blog. But first, let’s quickly review how to buy Pepe coins in this short overview.

How To Buy Pepe Coin – Simple Steps

Looking to buy the Pepe Coin? Here’s how you can get your hands on the meme coin in three simple steps:

Step 1: Connect crypto wallet to exchange

Download a crypto wallet of your preference and connect it to a computer or a smartphone. We recommend using MetaMask as it’s secure, accessible, and easy to understand. Once you have a crypto wallet, connect it with an exchange to proceed with the purchase.

Step 2: Swap cryptos for $PEPE

Look for the $PEPE ticker in your exchange’s marketplace. After you’ve found the symbol, enter the amount of PEPE you’d like to purchase and swap your preferred altcoins to receive the meme coin.

Step 3: Send Pepe Coin to a secure crypto wallet

After you’ve successfully received the Pepe coin, and it’s highlighted in your portfolio, move your digital asset to a secure crypto wallet.

Your money is at risk

What Is Pepe Coin?

Pepe Coin is one of the most trending cryptos in the current meme coin trend. It shares its roots with other meme coin projects without intrinsic value, fundamental utility, or specific utility.

According to its official website, the PEPE meme coin is designed to be the most popular project in the industry. The token retains the concepts of existing tokens, making it equivalent to the likes of other popular tokens such as Floki Inu (FLOKI), Shiba Inu (SHIB), Dogecoin (DOGE), and so forth.

Interestingly, however, this lucrative frog-themed token is regarded as one of the most ‘memeable’ meme coins to be built on the Ethereum Blockchain. Pepe coin does not have a formal roadmap or a distinguished team. It is based on a joke created as a tribute to the popular “PEPE the Frog” internet meme character that gained popularity during the early 2000s.

This ERC20 token leverages a deflationary mechanism where a small portion of the tokens burn with every transaction. This way, the project creates scarcity while increasing the value of left tokens over time.

The token currently ranks at #70 (as per data from  CoinMarketCap) and first started trading around $0.000000001 on April 15, 2023.

Pepe Coin Tokenomics

Before you decide to buy a Pepe coin, it’s crucial to understand the tokenomics that define the crypto. As per its whitepaper, the total supply of the PEPE token is 420,690,000,000,000. Interestingly, the amount of $PEPE here is an homage to the popular meme numbers 69 and 4:20.

According to the website, a total supply of 93.1% is dedicated to the liquidity pool. The remaining 6.9% of the total $PEPE supply is held in a multi-signature wallet that would be used for future listings on liquidity bridges, centralized exchanges, and pools (according to the official website).

However, if you’re a keen investor who wants to make informed investments, you can track the multi-sig wallet with the ENS name “pepecexwallet.eth.” Lastly, the remainder of the tokens were burned, and their contract was renounced.

Pepe Coin Use Cases

While there’s no specific use case for the Pepe coin, recent developments and the hype over the token have renewed its usability across different sectors. As per the latest updates on the project, Pepe coin is more than a joke with no specific use case.

Investors today can easily leverage functionalities like:

✔️Earn Returns On Investment

Investors who invest in Pepe coin at a low price can earn a significant ROI on their investment. It is also possible to earn interest on the number of Pepe coins in a portfolio the DEX liquidity.

To receive the interest on $PEPE tokens, you can provide the coin as liquidity on a DEX like Uniswap. This provides investors with a way to maximize returns over time.

✔️Access to the Pepe Discord Server

The PePe Coin project has built a thriving community that can be accessed through Discord. After acquiring the token, you receive access to the gated PEPE Discord server, Pepe Palace.

Once you’ve made it to the group, you also become a part of the thriving PEPE community. The Discord channel works as an excellent medium for new investors who want to know more about the potential and future developments of the project.

✔️Pepe Academy

The Pepe Academy is another unique use case for project investors. As per the roadmap, the Pepe Academy is a work in progress. It is a unique place where investors can access educational tools around the project, along with Pepe merch and Pepe Tools. Users will likely pay for these goods and services as a form of payment in $PEPE within the ecosystem.

✔️Access To Governance

The concept of the Pepe coin revolves around having no fixed team to work on its operations. Instead, the project’s operations, governance, and decision-making are managed via its investors.

Your money is at risk

Pepe Coin Vs. Evil Pepe Coin

For investors who missed the initial launch of $PEPE, Evil PePe could be the best alternative to consider. $EVILPEPE has recently launched its highly-anticipated presale event and is set to pump upon exchange listings. The move behind the launch aims to drive and replicate the hype behind the original Pepe Coin.

While the token is currently on pre-sale, investors who can secure it early are promised huge returns for their portfolio. The new meme token encourages investors to take risks and delve into their ‘dark side’ by investing the shitcoins. The aim of the project is to reward meme coin investors and to build a strong community.

Despite being based off of the same meme, $PEPE and $EVILPEPE are contrasting coins in their fundamentals and nature. While $PEPE is designed with no specific usability or fundamentals in mind, $EVILPEPE takes a different approach and seeks to move beyond $PEPEs popularity.

Here are the key differences between PePe coin and Evil PePe coin to give you a better understanding of the two projects. 

☑️Functionality

The Pepe coin is a crypto project developed as a joke and tribute to the famous internet meme frog from the 2000s. It is an ode to the meme community and is developed to leave an impact on the meme community. Pepe’s marketing is mostly cool and carefree, making it one of the top shitcoins in the market.

On the other hand, Evil Pepe Coin is a new token that stands out from the Pepe Coin’s fundamentals. Its team describes the project as “audacious and unapologetic,” leveraging a rebel ethos and edgy branding to make an audience for itself. The project aims to overthrow the hyped Pepe Coin and replace it with a more rewarding meme coin.

☑️Tokenomics

Tokenomics is another distinguishing feature that differs between the two projects. In the case of $PEPE, the project has a total supply of 420,690,000,000,000, of which 93.1% is dedicated to its liquidity pool. The remaining 6.9% of the $PEPE supply is held in a multi-signature wallet that will be leveraged for the coin’s future listing across different exchanges.

On the contrary, $EVILPEPE has over 6,660,000,000 tokens in supply. Interestingly, despite being ‘evil’, over 90% of the tokens are open for investors in pre-sale. The remaining 10% of $EVILPEPE is believed to be locked as DEX liquidity to ensure a seamless trading experience at the time of the token’s launch on the Ethereum Blockchain.

Read: Evil PePe price prediction

☑️Project Investors

Every project is unique, and so are its investors. Interestingly, it’s the same with PePe and Evil PePe. For PePe, the investors are mostly lovers of the meme community who seek a balance in their portfolios. This is mostly because PePe is a balanced digital asset that has continued outperforming other projects in a record time.

On the contrary, we have the Evil PePe, a spooky and mysterious coin for all the right reasons. Its whitepaper outlines a ‘courageous’ appeal, inspiring investors to disrupt the norm of safe investments and venture into risky projects. Looking at the project’s approach, it’s evident that $EVILPEPE is directed toward investors with a high-risk appetite.

☑️Project’s Goal

Another notable difference between the two projects is the overall goal. Talking of $PEPE, it’s a project that defines casually laid plans. The team behind the project launched the Pepe Coin as an ode to the meme community without giving any proper thought to the future or possible potential of the project.

On the contrary, Evil Pepe’s approach has a vision in mind. The project aims to move beyond the distinction of a meme coin, making it a universal financial tool promoting inclusivity. Another unique factor is the well-laid roadmap and plan designed to make Evil Pepe overthrow Pepe Coin as one of the best meme coins ever.

Your money is at risk

How To Buy Pepe Coin On DEX

PePe coin is available to buy through decentralized exchanges including Gate.io and OKX. TO purchase $PEPE tokens, you will first need to buy ETH that can be swapped for $PEPE. In this guide, we will walk you through the process of buying $PEPE in 2023.

Step 1: Buy ETH from eToro

To start your investment journey in $PEPE, you must first invest in ETH. You can buy ETH from a number of platforms but we will use eToro for this guide. Sign up and create an account on the platform by providing your details, email, and phone number.

Once your account is active, you must verify it using reliable proof of ID and complete the KYC process to purchase cryptos from the marketplace. After verifying your account, fund your eToro trading account to purchase ETH from the online marketplace.

Step 2: Move ETH to the eToro Money wallet

After buying ETH, you must transfer the cryptos from your eToro trading account to the eToro Money wallet. This will enable you to sed the tokens to an external wallet that can be connect to a DEXx.

To transfer your cryptos, simply head to your eToro account and navigate to your portfolio. Then, click ETH and choose ‘send’. Here, send the tokens to your eToro Money wallet. Before doing so, make sure that you have the eToro Money app downloaded on your phone.

Step 3: Transfer ETH to MetaMask

For the next step, you need to transfer your ETH tokens to MetaMask or any wallet that can be connected to a DEX.

Transferring your digital assets from eToro to Metamask is fairly straight forward but you must double check every step of the process and use a reliable internet connection.

Go to your eToro Money wallet, select your ETH tokens and then press ‘send’. Here, enter the address of the Metamask wallet that you wish to send the tokens to. Double check this address before confirming the action. You can reverse this step.

After a few minutes, you should see the tokens appear in your Metamask wallet.

Step 4: Connect MetaMask to DEX

In this stage, you need to connect your MetaMask wallet to the DEX. Open your DEX brokerage and go to the right-hand side of the platform. Once there, choose MetaMask among the list of wallet options and enter your password to connect the wallet.

Once logged in, verify your green status by clicking on the three bars on the right-hand side. After this step, MetaMask would have given you a green status and highlighted your account.

Step 5: Swap ETH for $PEPE

Now that your MetaMask is connected to the DEX brokerage, it’s time to swap your ETH for $PEPE through the live marketplace. A market order will be created and executed almost immediately after you’ve successfully chosen the amount of $ETH you want to transfer for $PEPE. Once the order is executed, you’ll have $PEPE in your wallet.

Step 6: Move tokens to a secure crypto wallet

For the final step of how to buy Pepe coin in the US, you’ll need to move your tokens to a secure crypto wallet. Doing so will protect your tokens against internet hackers. The best wallets to consider are hardware wallets that are not connected to the internet.

Your money is at risk

Pros & Cons of Buying Pepe Coin In 2023

As with any investment, it’s essential to understand the pros and cons that define a cryptocurrency. Similarly, the Pepe Coin project has several aspects and some downsides, which we will look closely into in this section.

Your money is at risk

Is Pepe Coin A Good Investment?

Deciding whether or not a token is a good investment is a matter of conducting thorough research and analysis. While it’s almost impossible to predict a crypto project’s success, several instances prove $PEPE is a good investment.

For instance, the $PEPE shares have a strong market movement at $ 0.0000015 at the time of writing. The project has a market capital of $589.38M and a trading volume of $51.55M, indicating strong bullish patterns for the coin. Moreover, if we look at the past pattern and movements for the project, these indicate how meme coin has made a strong presence in the market, making its way to the top in record time.

Additionally, the project’s core features, redistribution system, and a budding community are all strong indicators of how good the Pepe coin is as an investment. Overall, looking at the market movement, analytics, and following of the token, our analysis suggests that the Pepe Coin is a store of value for its investors.

How To Buy Pepe Coin in 2023 – Conclusion

This brings us to the end of our article on how to buy Pepe coin in the US. The Pepe Coin token has been a part of the industry for a few months and has already become one of the most popular meme tokens.

The frog-themed token is about influencing meme culture and attracting investors with its budding and thriving community efforts. You can invest in $PEPE through a decentralized exchange.

If you’re looking for a chance to get involved with the next meme coin pump, investing in the Evil PePe token may be a better alternative. You can buy $EVILPEPE via the ongoing presale.

Your money is at risk

FAQ