Is this the direction of zeroing out? Pepe, why is the value so low?
The structural support of Pepe coin mainly includes the following aspects:
Technical architecture support
Pepe coin is based on blockchain platforms such as Ethereum, inheriting the characteristics of decentralization, high transparency, and strong security. Its underlying architecture is rigorously designed and can effectively resist various attacks to ensure the security and efficiency of transactions.
Economic model support
- Destruction deflation mechanism: PEPE has a destruction deflation mechanism. When trading, the system will extract part of the PEPE coins corresponding to the transaction fee and destroy them to reduce the total supply. The destruction rate is related to market activity. The destruction process is open and transparent and can be tracked in real time through blockchain browsers. In theory, it can drive up the price of coins, enhance the value storage function, and build community consensus.
- Redistribution system: PEPE has formulated a tax-free policy and a redistribution system that rewards long-term stakeholders to attract investors to hold, promote community development, and stabilize the price of coins.
Cultural and community support
- Cultural foundation: PEPE originated from the popular "Pepe the Frog" emoticon package on the Internet, created by Matt Furie and widely circulated on the Internet since 2005. It has a deep cultural foundation and recognition, which laid the foundation for its development.
- Community consensus: It is popular on social media, has a lot of discussions, and has its own traffic. Investors gather due to cultural identity and entertainment attributes, forming a strong community consensus. The support and participation of investors drive its price increase and ecological development.
Market and ecological support
- MemeCoin track advantage: MemeCoin has a large market scale. As a representative of it, PEPE occupies a prominent position among the top 50 cryptocurrencies in market value, with high market recognition and investment value.
- Application scenario expansion: PEPE continues to explore new application scenarios, such as developing NFT, games, charity, etc., which provides a broad space for its value enhancement and attracts more users and capital inflows.
