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Pepe 2.0 (PEPE2): A Second Chance at the PEPE Meme Revolution

Intermediate
Altcoins
Jul 10, 2023
8 min read

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Introducing Pepe 2.0, the latest sensation in the meme coin market, designed for discerning crypto enthusiasts in search of promising new ventures. Recently unveiled and already making waves on social media platforms as well as Crypto Twitter, this innovative project offers a unique opportunity for those who may have missed the initial wave of PEPE profits, providing a second chance to partake in potential earnings. Curious about what Pepe 2.0 entails? Stay tuned as we delve into the intricacies of this exciting project and guide you on where to secure your stake.

Key Takeaways:

  • Pepe 2.0 is a fresh and dynamic meme coin crypto project designed to offer a second opportunity for potential investors who missed the initial wave of profits from the original Pepe coin.
  • Pepe 2.0 was brought to life by wallet addresses that had been excluded by the original Pepe coin's creator. The creators of Pepe 2.0 have relinquished control over the token's contract, which places the project squarely under community stewardship.
  • Bybit now offers the PEPE2/USDT Spot trading pair. To celebrate this listing, Bybit is holding a Deposit and Earn campaign in which users can win a share of the 450,000,000,000 PEPE2 prize pool.

What Is Pepe 2.0?

Pepe 2.0 is a fresh and dynamic meme coin crypto project that has been making significant strides in the cryptocurrency market. 

Building upon the heritage of the initial Pepe coin, PEPE2 emerges as a fresh meme coin iteration. It continues to showcase the iconic Pepe the Frog meme, now reimagined in a distinctive orange shade, setting apart the new from the old.

This innovative project has been well-received among crypto enthusiasts, particularly on Crypto Twitter, and has been recognized as one of the most widely embraced meme coin clones. Moreover, it’s achieved impressive trading volumes, reaching nearly $36 million in a single day. 

Despite its recent launch, Pepe 2.0 has already demonstrated potential for high returns, with one wallet turning an initial $900 PEPE2 purchase into over $176,000 in less than 24 hours. 

What Is Pepe?

Pepe is a distinctive meme coin project, crafted to pay tribute to the iconic and provocative cartoon character, Pepe the Frog. A creation of artist Matt Furie, the character has been a significant cultural symbol for nearly two decades.

PEPE was launched in April 2023 and its price quickly spiked from $0.000000070787 on Apr 18, 2023, to its ATH of $0.00000431 on May 5, 2023, exploding over 6,000% in growth. 

What Does Pepe 2.0 Aim to Achieve?

Pepe 2.0 aims to recreate Pepe coin’s success in achieving a $1 billion market cap. Interestingly, Pepe 2.0 was brought to life by wallet addresses that had been excluded by the original Pepe coin's creator. Thus, for some traders who missed the initial Pepe coin wave, Pepe 2.0 presents an opportunity for vindication or a second shot at success. 

Significantly, the creators of PEPE2 have relinquished control over the token's contract. This action places the project squarely under community stewardship, thereby substantially mitigating the potential for a rug pull and enhancing investor security.

How Does Pepe 2.0 Work?

Pepe 2.0 operates as a meme coin in the cryptocurrency market, featuring Pepe the Frog. 

Mint NFTs

Pepe 2.0 is gearing up to launch an exceptional NFT collection, set to captivate with its breathtaking artwork and exclusive digital assets. Each meticulously designed NFT promises a unique and enriching digital ownership journey. Users were previously able to mint a Pepe 2.0 NFT by heading to the Mint NFTs website. However, this mint has now closed. 

1% Tax Policy

Unlike the original Pepe coin project, Pepe 2.0 charges a 1% tax on all transactions. According to the official website, the tax collected will be used to contribute to various developments for the project, such as community, liquidity pool support and marketing efforts.

PEPE2 Tokenomics

PEPE2 serves as the inherent token of the Pepe 2.0 meme coin initiative. The total issuance of PEPE2 tokens is capped at 420,690,000,000,000, mirroring the original PEPE's supply. This specific limit was selected with a touch of humor, just like the original Pepe project, incorporating "420," a number often associated with cannabis culture in meme parlance, and "69," a number with sexual connotations among memers.

Pepe vs. Pepe 2.0

Pepe 2.0 and the original Pepe share a common foundation as meme coin projects, both featuring the iconic Pepe the Frog character. However, they present distinct characteristics that set them apart.

Similarities

Both projects are centered around the Pepe the Frog meme, a popular internet symbol.

They share the same total supply cap of 420,690,000,000,000 tokens, a humorous nod to meme culture. Both projects’ creators have renounced ownership over the tokens’ contracts, making way for community stewardship and minimizing the chances of a rug pull.

Just like its predecessor, Pepe 2.0’s Twitter account was also temporarily suspended right after it gained popularity following its token launch.

Differences

PEPE2 is a fresh iteration of the original Pepe coin, featuring the same meme but in a unique orange hue. Pepe prides itself on having no taxes, but Pepe 2.0 charges a 1% tax. The creation of Pepe 2.0 was driven by wallet addresses that were blacklisted by the creator of the original Pepe coin, offering a chance at redemption for these traders. 

The Pepe project is known to have previously blacklisted accounts before it renounced ownership over its token’s contract. According to Twitter user @0xCygaar, one blacklisted wallet address currently has $8 million worth of PEPE tokens in it. When this news broke, many crypto enthusiasts questioned the level of decentralization in the Pepe project. 

In contrast, the creators of Pepe 2.0 have renounced ownership from the outset, eliminating the possibility of a blacklist function. This move has been interpreted as a commitment to true decentralization, enhancing the project's appeal to the larger crypto community.

PEPE2 Price Prediction

PEPE2 was launched on Jul 3, 2023 at $0.000000036125. Due to its popularity, its price quickly rose to its all-time high of $0.000000219418 on Jul 7, 2023. PEPE2 is currently priced at $0.000000090883 (as of Jul 10, 2023). It has a market capitalization of more than $36 million and a 24-hour trading volume of approximately $17 million. The circulating supply of PEPE2 is 420,690,000,000,000.

According to experts from DigitalCoinPrice, PEPE2 price is expected to reach $0.000000195 by the end of 2023. This would then increase to $0.000000324 by 2025, $0.000000487 by 2028 and $0.000000928 by the end of 2030. Of course, this is just a prediction, and you should still do your own research before investing.

Where to Buy Pepe 2.0 Tokens

Looking to trade PEPE2 tokens? Bybit now offers the PEPE2/USDT Spot trading pair! In order to get started, you’ll need to first create a Bybit account, fund it with cryptocurrency and navigate to the PEPE2/USDT Spot trading page.

To celebrate this listing, Bybit is also holding a Deposit and Earn campaign from Jul 6, 2023, 3:00AM UTC through Jul 20, 2023, 11:59 UTC. Eligible users can earn a share of the 450,000,000,000 PEPE2 prize pool. 

If you’re a new user, you can win 300,000,000 PEPE2 tokens out of the 300,000,000,000 PEPE2 prize pool. Simply follow the steps below to qualify:

  • Step 1: Sign up for a Bybit account and complete Identity Verification.
  • Step 2: Accumulate a deposit volume of at least 1,100,000,000 PEPE2 in your Bybit account during the event period. 

If you’re an existing user before Jul 6, 2023, 3:00AM UTC, you’ll still be able to earn 150,000,000 PEPE2 tokens out of the remaining 150,000,000,000 PEPE2 prize pool. All you have to do is accumulate a deposit volume of at least 1,100,000,000 PEPE2 in your Bybit account during the event period.

Kindly note that all rewards are distributed on a first come, first served basis.

Is PEPE2 A Good Investment?

Pepe 2.0 has shown promising signs as a meme coin investment, gaining significant traction in the crypto community as demonstrated by its substantial trading volumes and growing popularity on Crypto Twitter. The project's decision to renounce ownership over the token's contract from the start, thereby eliminating the possibility of a blacklist function, is a positive move toward decentralization and investor security.

However, it's important to note that while Pepe 2.0 has demonstrated potential for high returns, it also carries risks, as with any investment. The crypto market is highly volatile, and meme coins in particular can be subject to dramatic price fluctuations.

Therefore, while Pepe 2.0 presents an engaging opportunity, it's crucial to conduct thorough research and to consider your own risk tolerance before investing. Remember that investing in cryptocurrencies should be based on informed decisions — and, as always, it's essential to only invest what you can afford to lose.

The Bottom Line

In conclusion, Pepe 2.0 emerges as an intriguing player in the crypto meme coin arena. Building on the legacy of the original Pepe, it offers a fresh opportunity for potential investors, particularly those who missed the initial wave of profits. With its coin’s unique orange hue, a decidedly community-centric approach and the absence of a blacklist function, Pepe 2.0 demonstrates how committed it is to decentralization and investor security. Pepe 2.0, with its blend of humor, innovation and community spirit, certainly adds a vibrant touch to the dynamic world of cryptocurrency.

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