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- Pepe Edition is one of the most trending NFTs with 5 unique items, created in March 2023.
- The minimum price of this NFT starts from 0.0295 ETH and max up to 3.99 ETH.
Pepe is a frog cartoon character and Pepe edition is an internet meme created by Mat Furie. It is a green frog with a humanoid body. Nowadays, it is used in a variety of contexts. Pictures of the creature have spread through the online communities 4chan, 8chan, and Reddit, where users can share an image for others to comment on. These are mostly used to express emotions or experiences, but some racist and anti-Semitic versions have spread virally on Facebook and Twitter.
The reason behind Pepe Edition’s popularity
Recently, the Pepe edition has been in the news because of its popularity. This is a notable artwork and it has successfully gained peoples consensus . As of now, the total transaction volume of this series has exceeded 797 ETH, and the floor price has reached .0298 ETH.
The Pepe Frog’s Checks NFT has naturally attracted a lot of attention. NFTGo data shows that as of the latest 7 days the sale of 6692 Pepe editions at a floor price of 0.0299ETH.
One more reason for Pepe Edition to be in the news is that a large number of artists and KOLs participating in this wave of cultural creation also skyrocketed the popularity of Pepe Edition. For example, the encryption artist Beeple (creator of “Everydays: The First 5000 Days”) released “DAWN OF CHECK.”
As you already know the NFT means non fungible tokens that are made usually by utilizing the same type of programming used for cryptocurrencies. In an easy way these cryptographic assets are based on blockchain technology. They cannot be exchanged or traded in the same way like other cryptographic assets. Like Bitcoin or Ethereum.
The non-fungible tokens have been around for some time now and the future of NFTs seems to be on a brighter side as it is going to be realized at its full potential. NFT can help owners with its unique features and anyone can become part of its entire clubs and can gain a way in.
Investing in NFT can be profitable but thorough research is needed. Being a trending NFT Pepe edition by Matt Furie allows you to own a kind of digital assets that cannot be replicated. Thus, it makes a valuable addition to any investment portfolio.
Besides, Pepe token has no roadmaps and no plans to create fundamental values so this adds to anonymity.
Generally, it is observed that people invest in NFTs because they have general interest but a group of people also invest because they perceive value in the asset being tokenized into NFT which may not be a good idea.
The top 5 NFT edition also includes Digitoads with Mint price 0.09 ETH having collection size 10,000, Clone X with Mint price 4.8 ETH collection size 20,000, Veefriends with Mint price 0.5-2.5 ETH collection size 10,255, Doodles with Mint price 0.0123 ETH collection size 10,000.
At last, we can conclude that the Pepe edition by Matt Furie is popular because of its simple yet expressive design. It has become a perfect and suitable character for all the internet users to mix and manipulate. It is also linked with humorous situations. This is also one of the reasons for its rapid popularity on social media platforms like twitter etc.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
