PepeFork

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Discover PepeFork's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is PepeFork?

PepeFork ($PORK) is a meme coin derived from Pepe Coin ($PEPE), an Ethereum-based meme token. It was created in response to community discontent and has gained significant attention due to its rapid market cap growth, reaching over $290 million in a short period. $PORK has a supply of 420.69 trillion tokens and is listed on several exchanges, including Uniswap and MEXC.

How is PepeFork used?

PepeFork (PORK) is a meme coin built on the Ethereum blockchain, forked from the popular Pepe token. It operates without a central authority and relies on community support and market trends for its value. Here are some key aspects of how PepeFork is used:

  • Trading: PepeFork can be traded on various exchanges, including Bitget, where it is listed. Users can buy, sell, and trade PORK tokens with confidence, knowing that they are supported by reputable platforms with robust security measures in place.
  • Decentralized Exchange: PepeFork can be obtained through decentralized exchanges like Pond0x.com, which is the creator of the token. Users can connect their wallets, go to the swap section, and exchange other tokens for PORK.
  • No Transaction Tax: Unlike many other meme coins, PepeFork does not have a transaction tax. This means that holders do not have to pay additional fees when trading or transferring their tokens, making it more appealing to traders and investors.
  • Community-Driven: PepeFork operates without a clear roadmap, relying on community feedback and market conditions to drive its development. This allows for greater flexibility and adaptability in response to changing market conditions.

Overall, PepeFork is primarily used as a trading asset, leveraging its community support and internet culture to drive its value and adoption.

How do I store PepeFork?

To store PepeFork (PORK) tokens, you can use a personal cryptocurrency wallet. One recommended option is the Metamask Wallet, which supports millions of assets and blockchains. Another secure option is a PepeFork wallet from MEW and Enkrypt, which is designed specifically for holding PORK tokens and interacting with the PepeFork network.

How to buy PepeFork?

To buy PepeFork (PORK) tokens, follow these steps:

  1. Create an Account:

    • Choose a reputable cryptocurrency exchange such as Coinbase, Binance, Gate.io, or MEXC.
    • Sign up for an account by providing necessary information, including your email address and a secure password.
    • Complete any required identity verification steps.
  2. Choose a Funding Method:

    • Select a payment method that suits you, such as:
      • Credit Card or Debit Card
      • Bank Deposit (SWIFT)
      • Peer-to-Peer (P2P) Trading
      • Third-Party Payment Services (e.g., Simplex, Banxa, Mercuryo).
  3. Buy PepeFork (PORK):

  • Navigate to the "Buy & Sell" section on your chosen exchange.
  • Select PepeFork (PORK) as the cryptocurrency you want to buy.
  • Choose your preferred order type:
    • Market Order (buy at the current rate)
    • Stop Order (buy at a specified price)
    • Limit Order (buy at a specific price or better)
    • TWAP Order (time-weighted average price)
    • Reverse Order (reverse an active position).
  1. Transfer to Your Wallet:
    • Once purchased, you can hold the tokens in your exchange account or transfer them to a personal cryptocurrency wallet for added security.

Remember to research the exchange's reputation, read user reviews, and compare different exchanges to find the best option for you.

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History of PepeFork

PepeFork (PORK) is a cryptocurrency that emerged as a derivative memecoin project inspired by Pepe Coin ($PEPE). It was created by Pauly0x, who aimed to rebuild confidence and redefine community-driven projects by offering future utility. PepeFork launched on Uniswap and MEXC, quickly gaining popularity and achieving a market cap of $290 million in just a matter of days after its launch.

The project was born out of community discontent and mistrust towards the PEPE team, which had been accused of mismanagement, lack of transparency, and rug pulling. Pauly0x, the founder of PepeFork, claimed that his project was a legitimate alternative within the Pond ecosystem, a DeFi concept he created. PepeFork's success was fueled by a viral marketing campaign, endorsements from influential figures, and a unique value proposition referencing PEPE.

Despite its initial success, PepeFork has faced controversy, with some accusing it of being a pump-and-dump Ponzi scheme. This has led investors to seek alternative meme coins with better security measures, such as PIKA ($PIKA), which is backed by the AAA Web3 game Pikamoon and offers a deflationary token with passive income and limited supply.

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How PepeFork works

PepeFork, also known as $PORK, is a meme coin built on the Ethereum blockchain. It was created as a fork of the popular meme coin Pepe, aiming to provide a better alternative to the original token. Here's how it works:

Key Features
  • No Transaction Tax: Unlike many other meme coins, PepeFork does not have a transaction tax. This means that holders do not have to pay additional fees when buying, selling, or trading the token, making it more appealing to traders and investors.

  • Community-Driven: PepeFork operates without a clear roadmap, which allows it to be highly responsive to market conditions and community feedback. This flexibility is typical of meme coins, where community enthusiasm and internet culture drive their value.

  • Listed on Major Exchanges: PepeFork has been listed on prominent exchanges like Bitget, MEXC, and others, ensuring easy accessibility and credibility for traders.

  • Strong Community Support: The token has attracted a dedicated and passionate community, which has been instrumental in driving its adoption and popularity.
Trading and Accessibility
  • Trading: PepeFork can be traded on various exchanges, including Bitget, where it is listed. Trading involves buying and selling the token on these platforms.

  • Accessibility: The token's listing on major exchanges makes it easy for traders to access and trade it with confidence, knowing that they are supported by reputable platforms with robust security measures.

Unique Aspects
  • Forked from Pepe: PepeFork was created as a response to community discontent with the original Pepe token, aiming to provide a better alternative with more transparency and community engagement.

  • No Clear Roadmap: Unlike traditional projects, PepeFork does not have a defined roadmap, allowing it to adapt quickly to market conditions and community feedback.

  • Vibrant Community: The token's enthusiastic community has been crucial in driving its popularity and adoption, making it a significant player in the world of cryptocurrencies.

Overall, PepeFork is a meme coin that has captured significant attention in the crypto market due to its unique features, strong community support, and ease of accessibility.

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PepeFork's strengths

PepeFork (PORK), a meme coin forked from the PEPE token, has several strengths that have contributed to its popularity and growth:

  1. Social Metrics and Community Engagement: PORK has seen significant social metrics, including a weekly rally of over 12% and a high Weighted Sentiment, indicating strong community support and bullish sentiment.

  2. Market Capitalization and Trading Volume: Despite facing a price correction, PORK has maintained a substantial market capitalization of over $102 million and has seen significant trading volumes, with over $50 million in trade volume within a short period.

  3. Listing on Multiple Exchanges: PORK is listed on various exchanges, including CoinMarketCap, CoinGecko, and DexTools, as well as several centralized exchanges, which has increased its accessibility and visibility.

  1. Decentralized Exchange (Pondex) Integration: PORK is closely tied to the Pondex decentralized exchange, where users can swap and trade the token. This integration has led to a "flywheel effect," where transaction fees are rewarded back to users, further incentivizing trading activity.

  2. Potential for Long-Term Growth: Price predictions suggest that PORK could reach an average of $0.000004963 by the end of 2024 and continue to rise in subsequent years, indicating potential for long-term growth.

These factors have contributed to PORK's rapid growth and popularity within the meme coin community.

PepeFork's risks

PepeFork (PORK) is a cryptocurrency that has been associated with various financial risks. One significant risk is the presence of scams and phishing sites designed to steal cryptocurrency from unsuspecting individuals. For instance, a fake "PepeFork ($PORK) Registration" site has been identified, which mimics legitimate websites and promises rewards for registration within a limited time frame. This scam aims to trick users into connecting their wallets, resulting in the activation of cryptocurrency drainers that can steal their crypto holdings.

Additionally, PepeFork (PORK) has been classified as a high-risk investment. Traders focused on risk assessment have been warned about the token's high risk gauge rank, indicating that the potential losses may outweigh the potential gains.

Furthermore, market analysis and on-chain data suggest that the token's price can be highly volatile. For example, it has been observed to rise by over 300% in a short period, which can lead to significant losses if the price suddenly drops. This volatility can make it challenging for investors to make informed decisions.

In summary, PepeFork (PORK) carries significant financial risks due to the presence of scams, high volatility, and a high-risk investment profile. It is crucial for investors to exercise extreme caution and conduct thorough research before investing in this cryptocurrency.

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Did PepeFork raise funds?

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PepeFork’s team

  • Pauly0x: The prominent crypto influencer and creator of PepeFork (PORK), known for his insightful perspectives and marketing campaigns. He is also the founder of the Pond ecosystem, which includes PORK and other cryptocurrencies.

Whalee AI

The fundamental analysis assistant for crypto value investors.

PepeFork NEWS REPORT

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