Pepecoin

Answered at Oct 31, 2024

Pepecoin Overview

Pepecoin is a community-focused cryptocurrency that aims to recreate the fun and engaging atmosphere of the original Dogecoin community. It was created by one of the original Dogecoin enthusiasts in 2013. Pepecoin is a layer 1 blockchain, meaning it operates independently and is not an ERC20 token. This setup avoids the complexities and potential risks associated with smart contracts (source).

Key Features

  • Born from Dogecoin: Pepecoin is a fork of Dogecoin, making it familiar to those who have used Dogecoin before. It shares similar characteristics and community-driven goals.
  • Secure Blockchain: The blockchain is secured using Merged Mining, a process that allows it to be mined alongside other cryptocurrencies, enhancing security (source).
  • Open Source: Pepecoin is completely open source, allowing anyone to view and verify its code.

Wallet and Storage

  • Pepecoin Core: Users can send, receive, and manage their Pepecoin using an intuitive wallet interface.
  • Cold Storage: Pepecoin offers a paper wallet option for secure offline storage from day one (source).

Community and Tipping

Pepecoin has a strong community presence, with tipping supported on over 34,000 Discord servers and all public subreddits. Users can engage with the community through platforms like Reddit and Discord, using tipbots to send and receive Pepecoin (source).

Market Performance

Current Price and Trading Volume

  • Price: As of the latest data, Pepecoin is priced at $0.000036 USD.
  • 24-hour Trading Volume: The trading volume stands at $22,346.17 USD.
  • Price Change: Pepecoin has experienced a 14.61% decrease in the last 24 hours (source).

Market Ranking

Pepecoin is currently ranked #4432 on CoinMarketCap. The market cap and circulating supply details are not available at this time (source).

Comparison with PepeCoin

It's important to distinguish Pepecoin from PepeCoin, another cryptocurrency with a similar name but different characteristics:

  • PepeCoin Price: Currently at $2.45 USD with a 24-hour trading volume of $6,691,734 USD.
  • Market Cap: PepeCoin has a market cap of $293,433,763 USD and is ranked #218 on CoinMarketCap.
  • Supply: It has a circulating supply of 119,837,033 coins and a max supply of 133,769,420 coins (source).

Community Engagement

Pepecoin encourages community participation through various platforms:

  • Reddit: Join the Pepecoin community on Reddit at r/Pepecoin.
  • Discord: Engage with the community on Discord, where tipping is widely supported (source).

Conclusion

Pepecoin is a cryptocurrency that emphasizes community and security, drawing inspiration from Dogecoin. It offers a straightforward blockchain experience without the complexities of smart contracts. While its market performance shows volatility, its community-driven approach and open-source nature make it an interesting option for those looking to engage with a fun and secure cryptocurrency.