Pepe (Arbitrum)

PEPE

PEPE is a memecoin that is bridged to Arbitrum through LayerZero.

Risk Rating
Average
What is Pepe (Arbitrum)?
What we like
PEPE is a memecoin inspired by the iconic “Pepe the Frog” internet meme, which has a massive cultural following, enabling it to attract widespread community engagement and speculative interest. Its launch capitalized on the popularity of meme-based tokens, quickly gaining traction in the crypto space.
What we like less
PEPE lacks utility or a robust ecosystem to sustain long-term value, relying almost entirely on speculative trading and meme appeal.
What it means for you
As a PEPE holder, you are part of a memecoin that thrives on cultural relevance and community-driven hype.

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Information
Blockchain
  • Arbitrum
Info
  • Asset Type: ERC-20
Key Metrics
Risk Assessment
Average
Asset Strength

PEPE is a mid-cap asset that is a memecoin. This asset is exposed to the underlying risks of LayerZero V2, a protocol rated as Good.

Dependencies

LayerZero V2

Asset Tokenomics

PEPE has a fixed supply. PEPE is potentially exposed to negative feedback loops; however, there are mechanisms in place to prevent reflexivity. PEPE is a memecoin on Ethereum.

Things to know about PEPE

Why is PEPE popular, and what makes it unique?

PEPE is a memecoin launched in April 2023 that draws inspiration from “Pepe the Frog,” one of the most recognizable and widely used internet memes. Its popularity is fueled by its cultural significance and the viral appeal of Pepe-related content. PEPE distinguishes itself from other memecoins through its deep ties to internet culture, which resonate strongly with meme enthusiasts and speculative crypto traders. The token gained rapid traction shortly after its launch, cementing its place as a major player in the memecoin space.

Can PEPE’s price increase over time?

PEPE’s price potential depends heavily on the continued engagement of its community and its ability to maintain relevance in the competitive memecoin market. The token’s viral appeal and strong cultural connections may drive speculative interest, contributing to short-term price surges. However, the large token supply and absence of utility or ecosystem development pose challenges to sustained price growth. Long-term appreciation will likely require additional use cases or integrations within the broader crypto ecosystem.

What are the risks and challenges of investing in PEPE?

The main risks of investing in PEPE stem from its reliance on speculative demand and meme culture for value. Additionally, competition within the memecoin space is intense, with newer projects continually emerging to capture market attention. Investors should approach PEPE with caution, recognizing its high-risk, high-reward nature.

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PEPE Pools
GMX PEPE-USD Market Making
35.8%
Yield
$3M
TVL
Risk
C
Protocol
GMX V2
Chain
Arbitrum

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