Why Pepe Edition by Matt Furie in the news?
- Pepe Edition is one of the most popular 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 the Pepe version is an internet meme created by Mat Furie. It is a green frog with a humanoid body. Today it is used in a number of contexts. Images of the creature have spread through online communities 4chan, 8chan and Reddit, where users can share a photo for others to comment on. These are mostly used to express feelings 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 due to its popularity. This is a remarkable work of art, and it has successfully achieved people’s consensus. As of now, the total transaction volume for this series has exceeded 797 ETHand the floor price has reached .0298 ETH.
Pepe Frog’s Checks NFT has naturally attracted a lot of attention. NFTGo data shows that as of the last 7 days, 6,692 Pepe issues were sold at a floor price of 0.0299 ETH.
Another reason why Pepe Edition is 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, encryption artist Beeple (creator of “Everydays: The First 5000 Days”) released “DAWN OF CHECK”.
As you already know, NFT means non-fungible tokens which are usually created using the same type of programming used for cryptocurrencies. In simple terms, these cryptographic assets are based on blockchain technology. They cannot be exchanged or traded in the same way as other cryptographic assets. Like Bitcoin or Ethereum.
The non-fungible tokens have been around for a while 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 a part of the whole clubs and get a way in.
Investing in NFTs can be profitable, but thorough research is required. Being a trending NFT Pepe Edition by Matt Furie allows you to own a kind of digital asset that cannot be replicated. This makes it a valuable addition to any investment portfolio.
Also, the Pepe token has no roadmap and no plans to create fundamental values, so this increases 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 NFTs, which may not be a good idea.
Top 5 NFT edition also includes Digitoads with Mint price 0.09 ETH with 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 10.00.0 Mint Price 3.0 .
Finally, we can conclude that the Pepe edition by Matt Furie is popular because of its simple but expressive design. It has become a perfect and suitable character for all internet users to mix and manipulate. It is also linked to humorous situations. This is also one of the reasons for the rapid popularity of social media platforms like twitter etc.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while graduating. A keen observer of detail, he shares his passion for writing alongside being a developer. His backend knowledge of blockchain helps him bring a unique perspective to his writing
