. And the price of Pepe, a meme coin named after the"Pepe the frog" meme, has soared by over 100% since April 29, per. It was created by Satoshi Nakamoto, a person or group of people whose identity remains a mystery. Nakamoto envisioned bitcoin as an alternative version of virtual cash that wouldn't rely on a government or financial institution, such as a bank, to function and facilitate payments.of 21 million coins.
"If demand dries up, you'll be left with only worthless digital assets and a good story," he tells CNBC Make It. Although all cryptocurrency carries risk, meme coins can be especially treacherous for traders, Royal says.
Source: Digital Coin News (digitalcoinnews.net)
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