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PepeCoin was launched on March 5th 2016 making it one of the earliest memecoins in existence, along with Dogecoin. It was originally launched using its own Proof-of-Work Layer 1 blockchain network, meaning the coins were distributed via mining (Like Dogecoin & Bitcoin) and not via an ICO or smart contract. The project was listed on Bittrex and several other exchanges in 2017 under the name "Memetic" as the exchange owners were concerned about the controversy surrounding Pepe the Frog during the 2016 US Presidential election.
In the meantime, a fake $Pepe launched. Sadly, the fake Pepe got more traction and "hype" than the original Pepecoin. The Pepening, refers to the flippening of the fake $Pepe project.
This video covers the tragic story and future of one of the earliest and most beloved crypto memecoins.The Pepening : A Story Of Redemption
🟠 DC Roth
Follow me on Twitter :
/ rothdc
Community members that did an awesome job researching :
/ koolkongnft
/ mash_crypto
/ ivnrin
Special shoutout to Tyler (ApeDurden) :
/ apedurden
The devs of Pepecoin : (the only ones with a "X" profile)
/ _pr0m3theus_
/ damoos3
/ 3456smille