In 2016, a cryptocurrency called PepeCoin (PEPECOIN) was introduced, which runs on the Ethereum network.
The original concept behind Pepe Coin was to implement a deflationary mechanism that burns a small portion of tokens every time a transaction takes place. The idea was to promote scarcity and ultimately boost the value of the remaining tokens over time.
Pepecoin has a total supply of 133,769,420.
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