Matt Furie States That He Is Not Aware Of Pepecoin (PEPE)

Matt Furie, the inventor of the meme “pepe the frog”, a cartoon character that represents a “peaceful frog guy”, became quite popular around the world recently. But during a Twitter live chat, he stated that he was not aware of the existence of Pepecoin (PEPE). Matt Furie might go to court regarding this unannounced usage of his meme.

PEPE Became a Success Without Matt Furie Even Knowing About it

The valuation of a memecoin derives from its popularity, more popular a memecoin is, the more valuable it gets. Pepecoin is one such coin, as this brand new coin is associated with the popular internet meme “pepe the frog”. The coin made an impactful entrance to the market in April. PEPE went from $50,000 to $821 million after its launch, its value increasing by five million percent according to Protos. It has made several people millionaires in a short time span.

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