The information about Pepe (PEPE) token is as follows: Pepe (PEPE) is a deflationary meme coin launched on the Ethereum blockchain in mid-April 2023 as an ERC-20 token. Inspired by the iconic "Pepe the Frog" meme, created by artist Matt Furie in his "Boy’s Club" comic series in 2005, the token aims to capitalize on the popularity of meme coins like Dogecoin and Shiba Inu. The project positions itself as "the most memeable memecoin in existence," emphasizing simplicity and community-driven appeal with a total supply of 420,690,000,000,000 tokens—a nod to internet meme culture’s "420" reference. At launch, 93.1% of the supply was allocated to liquidity pools, with the corresponding liquidity provider (LP) tokens burned and the contract renounced to ensure transparency and immutability. The remaining 6.9% is held in a multi-signature wallet, reserved for future centralized exchange listings, bridges, and additional liquidity pools, as outlined on its official website, pepe.vip.

Pepe operates with a no-tax policy, meaning transactions incur no additional fees, distinguishing it from many other cryptocurrencies that impose taxes. It initially featured a redistribution system that rewarded long-term stakers by distributing a portion of each transaction to existing holders, though discussions on X and other sources suggest this feature may have been phased out to focus on broader development goals. The token also incorporates a deflationary mechanism, periodically burning a small percentage of tokens to reduce supply and potentially increase scarcity over time. Built on Ethereum’s Proof-of-Stake (PoS) consensus mechanism, where validators stake 32 ETH to secure the network, PEPE benefits from Ethereum’s robust security and ecosystem compatibility. It is bridgeable to other blockchains like Arbitrum and Binance Smart Chain via an official bridge powered by LayerZero, reducing transaction costs compared to Ethereum’s mainnet, as highlighted in posts on X from the official 

@pepecoineth

 account.

The Pepe project outlines a three-phase roadmap. Phase 1 focused on its stealth launch, listings on platforms like CoinGecko and CoinMarketCap, and achieving over 1,000 holders while leveraging social media virality. Phase 2, dubbed "Vibe and HODL," emphasizes community building through partnerships, a Pepe Times digital newsletter, and a token-gated Discord server called Pepe Palace for holders. Phase 3 aims for a "Meme Takeover," with plans for merchandise, a Pepe Academy, tools, and listings on top-tier exchanges, targeting 100,000 holders. While Pepe lacks intrinsic utility beyond its role as a tradeable digital asset, its appeal lies in its cultural resonance and community engagement, reinforced by airdrops and viral marketing. Despite controversies, such as a 2023 incident involving token transfers by former developers (later addressed with burns and new advisors), Pepe remains a prominent example of a meme coin leveraging Ethereum’s infrastructure and internet culture.