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PEPE Coin, Explained Over Your Morning Coffee Good morning. If you opened your phone today and saw PEPE trending, here is the short, friendly version of what is going on.
That is a cryptocurrency built around a joke or an internet picture, not a fancy piece of software. This one borrows the green frog meme. People buy it because they think other people will buy it too.
That is basically the whole business model. Right now PEPE trades at about $0.00000431. Each token is a tiny fraction of a penny.
The coin pushed up toward $0.0000043 on Sunday and the chart shows buyers are doing the heavy lifting. In plain English, more people are trying to buy than sell.
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