With BTC stopping its decline, the once-quiet Meme sector has finally started to rebound, led by the top Memecoin $Pepe. However, this time, many “family members” are rebounding together with $Pepe.
The popularity of Memecoin has continued to spread this year. A single Pepe can no longer meet the market’s speculative needs. Consequently, various small frogs that were previously unclassified as Pepe have been individually selected by the market and transformed into new Memecoins.
TechFlow has listed the popular Pepe family member tokens in the current market to help you gain a deeper understanding of the native frog meme culture.
Take this Pepe genealogy, just in case the “frog market” comes one day.
Pepe
As the most classic character in frog meme culture, $Pepe is also the earliest frog Memecoin to become popular in the crypto world. To be honest, it has become much more popular than most people expected. Pepecoin’s wealth story is well known. Tracing back to its meme culture background, Pepe is the earliest character in the frog family, created by cartoonist Matt Furie. In 2005, Pepe first appeared in Furie’s comic “Boy’s Club” and later became a widely spread meme on the 4chan forum.
Now, Pepe has become a well-known IP in the crypto world. From its birth to becoming a Memecoin overlord, $Pepe, which has attracted much attention in the market, took less than a year.
Pepecoin
After $Pepe’s popularity last year, many coins with the same name followed. Among them, $Pepecoin seems to be more than just riding the wave. In their official article, the team mentioned that they planned to launch a virtual currency with the Pepe image as early as 2016 but failed for various reasons. It was not until 2023, when $Pepe became popular, that the team followed suit and released their coin. The “legitimacy” of issuing coins based on the “frog Pepe” IP seems to have been controversial.
According to the investigation, $Pepecoin has a large pool. When $Pepe surged earlier this year, $Pepecoin also surged along with it and has not yet returned to zero (although it has been halved).
However, the market has clearly moved beyond the speculation of a single frog meme. The wealth effect and IP influence brought by $Pepe have spread to other frog meme images.
Smug Pepe
It is worth mentioning that due to the slower infiltration speed of frog meme culture compared to the hype of the crypto market, Sumg Pepe has always been considered as the icon of $Pepe tokens. Even now, the official Twitter account of Pepecoin still uses the Sumg Pepe as its avatar, which reflects the fact that most people are not so concerned about the specific frog culture divisions, which are not the main focus of the speculative market.
After searching around, it was found that there is still no unified consensus on the speculation of the Smug Pepe image. The existing Smug Pepe-related Twitter accounts are diverse, and the liquidity of Memecoin pools is scarce, which poses a significant risk for participants. Interested readers can delve deeper and keep an eye on it.
MonkaS
MonkaS originated from Twitch TV and is derived from the Pepe image. Its meaning is “shocked and sweaty Pepe” and is usually used in tense moments during game broadcasts.
As the image closest to Pepe, MonkaS has also been speculated as an independent IP for a long time. It was not until recently that some people realized that it is not the same as the original Pepe in terms of meme culture. (This can also be seen as a reflection of Memecoin’s dissemination of meme culture.)
Apustaja (Apu)
The roughly drawn version of the young frog, Apustaja, is also a popular frog meme image. Since its debut in 2016, it has become very popular. The internet has gradually generated many meme images of Apustaja, projecting real-world life onto this image. Many crypto projects also prefer to create memes based on the Apustaja image.
$Apu is currently available on the Bybit exchange.
Ashbie
Speaking of Apu, we have to introduce Apu’s girlfriend, Ashbie. At some point, netizens arranged a cute girlfriend, Ashbie, for the popular image Apu. Various memes of Apu dating Ashbie began to appear on the internet, and this somewhat contrasting combination did not make people feel uncomfortable. On the contrary, it seemed unexpectedly appropriate. Apu and Ashbie were once used by netizens as the representative image of the “This could be us” pure love meme.
It is worth mentioning that before the $Ashbie token was launched, the Dev team airdropped it for free to users who had left their addresses under their tweets. At the highest point of the token’s value, the value of the airdrop to a single account was close to $2500.
Peepo
Peepo is also a member of the Pepe family and one of the young frog images. Most people’s understanding of Peepo probably comes from the various emoji packages on WeChat.
$Peepo has been available on the Bitget exchange.
Groyper
The image of Groyper first appeared on the 4chan forum. The specific reasons for its emergence and designation are yet to be ascertained, but it has become popular. It is worth mentioning that this chin-resting frog image is rarely used to represent “wisdom” and is more often used by far-right and new right-wing groups or individuals on social networks as a profile picture.
Hype is good, but protecting your principal is more important.
After clarifying the differences between the members of the Pepe family, you will no longer feel “not quite like it but can’t quite explain where it’s not quite like” when dealing with various Pepe emojis.
However, most of the concept tokens of the Pepe family are still in the initial speculation stage, with insufficient consensus and poor liquidity, which poses a certain rug risk. Please participate cautiously.
Perhaps there are still many Memecoins of the frog family waiting to be discovered.
