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Why The Original PepeCoin (Memecoin) will go to $45 ?The Origins of Pepe The story of Pepe begins in 2005 when cartoonist Matt Furie created a comic series called Boy's Club, featuring four characters: Brett, Andy L. Wolf, and of course our main character “Pepe” . Pepe was one of the laid-back, animal characters in the comic, known for his chill attitude and catchphrase,"feels good man." Little did Furie know that his creation would take on a life of its own. Over the next few years, Pepe gains popularity on forums like 4chan and Myspace. becoming a versatile meme used to express a wide range of emotions. So whether you're sad, smug, happy, sexy, lazy. This obviously helped make Pepe extremely meme-able. Pepe Coin is Born Fast forward to 2016, Pepe Coin enters the scene.Unlike many meme coins, Pepe Coin was launched as a proof-of-work blockchain, meaning it was mineable just like Bitcoin or Dogecoin. This means no fancy pre-sale, no venture capital backing – just a group of dedicated individuals mining Pepe Coin. I love this aspect because it speaks to the potential of decentralization. This gave it a sense of legitimacy and drew in early adopters, in particular those who liked Pepe meme. Controversy and Rebranding Unfortunately, Pepe Coin's journey wasn't without its challenges. In the heated 2016 US Presidential elections, Pepe becomes a pawn in political warfare. Unfortunately, extremist groups started using Pepe imagery, and the media painted the frog as a hate symbol. The Anti- Defamation League even labeled Pepe as a hate symbol. Hong Kong Protests It's important to note that this wasn't the first time Pepe became a symbol in a significant struggle. Things took a serious turn in 2019 with the Hong Kong Protests. These protests were a massive movement against a proposed law that would have threatened Hong Kong's freedoms. Pepe the Frog, as a symbol of internet culture and expression, became a rallying point for many protesters.This further solidified Pepe's connection to the fight for freedom of speech and resistance – values that resonate deeply with the crypto community. It also further complicated Pepe's public image. To keep the project alive, the OG Pepe Coin is forced to distance itself, rebranding from “PEPE” to "MEME" to appease centralized exchanges. The Birth of KEKDAQ and the Fight for Free Speech Even launched a separate NFT marketplace called Kekd way before giants like OpenSea existed, to promote meme culture and freedom of speech. Users could store, create, and protect their memes and digital assets. This led to some confusion and a temporary setback, but it didn't stop the coin's dedicated supporters. Original Pepe vs Fake Pepe Original Pepe Then, in 2018, Pepe Coin transitioned from proof-of-work to proof-of- stake using UTXO lockups and named the Ethereum-based pepecoin “ CRYPTOCAP:PEPE ” becoming more energy-efficient and scalable. Now, this is where things get interesting. Around 2023, a newer Pepe- inspired coins (often with 'Pepe' in their names) have surfaced, often with significant market capitalizations. This has created confusion, with many mistaking these meme coins for the true OG Pepe Coin. This caused a major split in the community, and it's crucial to distinguish between the original Pepe Coin and this newer project. The original OG Pepe Coin team never forgot its roots and continued to innovate, even after having their concept hijacked. This brings us to the present day, where the OG Pepe Coin is poised for a comeback. The Real Utility of OG Pepe Coin So, what sets the OG Pepe Coin apart? Unlike many meme coins that rely solely on hype, the original team is building real utility. Responding with a powerful message: "They can't steal our ability to innovate..." They've developed projects like Kekbot, a cutting-edge telegram trading bot with dashboard features, Base AI, a decentralized AI network powered by GPU mining.You can contribute your computing power to train AI models,and they have their own AI chatbot in the works. The potential here is mind-blowing! By holding Pepe Coin, you can even stake it to earn rewards in Base AI tokens. Slick Website: Packed with games, messaging(to chat with other degens in a decentralized manner), and a ton of info on their projects. This dedication to development is what makes OG Pepe Coin a true underdog in the meme coin space. The Charts Tell a Story Currently, Pepe Coin is trading at a fraction of the price compared to other major meme coins. However, with a large portion of the supply staked and the potential burn mechanism through Base Ai, Pepe Coin could be primed for a significant price increase. In the event that the Original Pepe is valued the same as Fake Pepe, the price target will be 45 dollars Original Pepecoin Fake pepe Thank you Follow me for more breakdown
Long
by ShinForex1
4
PepeCoin (OG) ready for a big movePepeCoin (PEPECOIN) is showing strong bullish signals with the formation of an inverse head and shoulders pattern on the daily chart, suggesting that PepeCoin might be gearing up for a significant move upwards. Current Price and Market Context: As of the latest data, PepeCoin is trading at approximately $5.75 USD. This marks a substantial recovery from its recent low of around $4.56 USD a week ago. Over the past couple of days, PepeCoin has surged by over 13%, with a trading volume of $3.24 million USD, highlighting strong buying interest and momentum. Support and Resistance Levels: Key support is established around $4.95 USD, with immediate resistance at $5.82 USD. A successful break above this resistance could see prices testing higher levels, potentially retesting its all-time high of $7.57 USD. With the inverse head and shoulders pattern and strong recent performance, PepeCoin looks poised for a potential breakout. Traders and investors should watch for a confirmed breakout above the $5.82 USD resistance level. Keep an eye on trading volume and broader market trends for additional confirmation of this bullish move. Other Considerations: BasedAI, developed by Based Labs, is an innovative project integrating AI and blockchain technologies to enhance data privacy and computational efficiency. It introduces "Brains," which are distributed containers for executing large language model (LLM) tasks, leveraging PepeCoin for their acquisition. Users can acquire these Brain NFTs by burning or staking PepeCoin, which in turn enhances the coin's utility and value. According to the BasedAI whitepaper, 80% of the entire PepeCoin supply will be burnt when all of the brains are minted.
Long
by ckarling
2