Pepecoin (PEP)
Rank #607
Market snapshot
- Price
- $0.00020499
- Market cap
- $21.1M
- 24h volume
- $682,653.44
- Circulating supply
- 102,921,550,000
- Total supply
- 102,921,550,000
- Max supply
- N/A
What is Pepecoin?
Pepecoin is the world's first fully decentralized and secure blockchain for Pepe. It operates on a proof-of-work mechanism, ensuring that the network is maintained through mining activities. Pepecoin is designed to facilitate transactions within the Pepe community while emphasizing security and decentralization.
How Pepecoin works
Pepecoin achieves consensus through a simple set of rules that all nodes on the network follow. The network is secured using the hashrate of Litecoin and Dogecoin, allowing for enhanced security through merged mining. Pepecoin remains committed to being 100% proof of work, ensuring the integrity of its blockchain.
Key information
- Symbol
- PEP
- CMC rank
- #607
- Network / platforms
- N/A
- Categories
- Proof of work
- Date added
- Jun 24, 2024
Key characteristics
Pepecoin is open-source, allowing anyone to participate in its development and maintenance. The network's structure supports merged mining with Litecoin and Dogecoin, which enhances its security. CoinMarketCap categorizes Pepecoin under its DeFi, memes, and proof-of-work tags.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Pepecoin?
- Pepecoin (PEP) is a decentralized cryptocurrency designed for the Pepe community, operating on a proof-of-work blockchain.
- How does Pepecoin work?
- Pepecoin achieves consensus through rules followed by all nodes, and it is secured by the hashrate of Litecoin and Dogecoin, allowing for merged mining.
- What are the technical characteristics of Pepecoin?
- Pepecoin is open-source and supports merged mining with Litecoin and Dogecoin, ensuring its security and decentralization.
- What are the risks associated with transferring Pepecoin?
- Digital asset prices can be volatile, and users should ensure secure handling of private keys and verify addresses before transfers.
- How can I verify Pepecoin before acquiring it?
- Verify the asset name, network, and destination details before transferring, and review your custody method.
- Where can I find official resources for Pepecoin?
- Official resources for Pepecoin can be found on its website and GitHub repository.
Related cryptocurrencies
Listed from stored network and category relationships, not a similarity score.
