Pepe (PEPE) has shown a correlation with Bitcoin (BTC) in its price movements over the past week, dropping when BTC did but rallying on Friday and into the weekend. Despite Bitcoin's recent price drop, Pepe coin has achieved an impressive market capitalization, surpassing $1.6 billion just 20 days after its launch. The Ethereum smart contract that powers Pepe coin includes deflationary supply, a burn mechanism, and a "no taxes" policy, making it an attractive investment for cryptocurrency investors. Pepe's success serves as an example of the potential for early investment in successful projects. To increase the chances of finding similar opportunities, it is recommended to stay informed of new coin listings and use platforms like Uniswap. Pepe's debut also validates the trend of meme coins like Dogecoin and Shiba Inu, and highlights the demand for Ethereum services to store savings. Furthermore, anyone can build a defi app and work with Ethereum without requiring approval or support from others.
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