If you are interested in the Pepe meme coin but don’t know how to buy Pepe coin? Worry not in this article I’ll tell about how you can buy PEPE, Pepe coin Price, and whether it is legit or not. So, let’s begin.
What Is Pepe Coin?
Before learning ‘how to buy Pepe coin’ you need to understand what is PEPE/Pepe coin. So the Pepe coin is one of the best decentralized cryptocurrencies. The Pepe coin is made from the famous internet meme Pepe the Frog.
Like most other cryptocurrencies Pepe coin is based on the Ethereum blockchain network. The users of Pepe coin are very satisfied with its security and transparent transactions.
The Pepe coin was launched by an unknown group of developers in 2020. Zachary Testa aka @LordKekLol is one of the founders identified in 2023. The main motive of the group is to create a cryptocurrency based on the famous meme Pepe the Frog. which was created by cartoonist Matt Furie for his comic book (Boy’s Club) in 2005.
The Pepe coin /PEPE is based on the Pepe the Frog meme so the main purpose of the crypto is to maximize capitalization with the popularity of the Pepe meme just like Shiba Inu, Pulsex, and Dogecoin
How To Buy Pepe Coin On Trust Wallet?
Now here you are going to learn how to buy Pepe coins. There are many ways to purchase the Pepe coin. Multiple platforms offer you Pepe meme coins like Coinbase, Trust Wallet, Zengo, Binance, etc. But here I’m going to tell you how to buy Pepe meme coins on the Trust wallet.
Step 1.
First, you need to download the Trust wallet from Playstore or Appstore. In case you are using a desktop then you can add the Trust Wallet Chrome extension or visit https://trustwallet.com/.
Step 2.
Once you downloaded and installed the application then just simply open the app and click on the ‘Create a New Wallet’ section. Then read all terms and conditions and click on the ‘Continue’ button.
Step 3.
Then create your account on the Trust wallet to purchase Pepe coins. To create an account you need a valid email ID, phone number, username, password, and a twelve-word recovery phrase. Make sure to remember or note down the recovery phrase.
Step 4.
now your Trust wallet is ready to proceed. From here begins the most important part of knowing how to buy Pepe Coin. First, enable the ETH (Ethereum) token option by clicking on the token icon and toggling on the ETH and PEPE options.
Step 5.
After that, click on the ‘Discover’ section and scroll to the DeFi field. Then just simply click on ‘Uniswap Exchange’.
Step 6.
On the Uniswap exchange, the ETH will automatically swap to the PEPE if you follow Step 4 correctly. Just enter the ETH amount and then select your preferred payment method and complete the transaction.
Now you have learned how to buy Pepe Coin on trust wallet. But remember if you purchase the Pepe Coin then first learn the crypto trading and its potential risks/rewards and follow the crypto chart of Pepe to decide when to purchase the Pepe Coin to gain maximum profit.
Is Pepe Coin Legit? Pros And Cons Of PEPE
After the boom of Bitcoin, people are interested in buying the crypt. Pepe is one of the best options to purchase crypto. So, you can see there are many searches on the internet about how to buy Pepe coins.
But is it actually legit or just a trend that can harm your hard-earned money? So let’s check out the pros and cons of Pepe coin and let’s decide whether it is legit or not. Here are the top Pros and Cons of Pepe Coin.
| Pros | Cons |
| The PEPE is a meme coin. It is based on Pepe the Frogs meme and it is a very popular meme so the gains of Pepe coins are very high | It is a highly volatile crypto token, Like other meme cryptos |
| This is a decentralized and secure coin crypto meme coin | It is not regulated by the government so it is a risky crypto like all the other cryptos and it is a new coin with high volatility. |
| The huge community of Pepe is very supportive and drives the value upwards. | Experts report that there might be artificially inflated by the pump and dump scheme drives the Pepe coin. ( it is not 100% verified ) |
| Integrated the blockchain secure technology | The future growth of Pepe coin is very uncertain. |
| The PEPE is limited. 420 billion tokens are available. |
Pepe Copin Price Prediction
You have learned how to buy Pepe coins and understand the pros and cons of PEPE. Now if you want to buy Pepe coin you need to gain full knowledge of the price prediction of Pepe coin. The trend of Pepe coin is very high but it is a highly volatile crypto meme coin.
However, the price of PEPE rose 200% in a few months after its launch in April. In the first four months, the Pepe coin placed itself on the top 100 of the best cryptocurrency list. Pepe coin has a $396 million market cap.
In the first week of October 2023, the Pepe coin was downed by 2.4% ($0.000000701150). The current circulating supply of PEPE is about 420,690,000,000,000.
Some experts say that currently, it has no clear momentum but there’s still a chance to achieve a decent amount of profit. However, several crypto experts disclose that it is only for the ‘Entertainment purpose with zero roadmap and future plan’.
CONCLUSION
In the end, you have learned how to buy Pepe coins through this article. Remember this is not financial advice it is just a blog to understand what PEPE coin is and how to buy PEPE coin. I’ll not recommend you for investing in any cryptocurrency without researching it properly. If you want to know more about interesting crypto topics then you can follow our Globalcryptomagazine blog page.
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