What is PepeFork (PORK)

Learned by 229 usersPublished on 2024.04.01Last updated on 2025.05.20

0.00000002

+8.01%

  • Last Price0.00000002
  • Market Cap8.46M
  • All-Time Low0.00000000022
  • Circulating Supply407.62T
  • Turnover (24h)96.14K
  • All-Time High0.00000091
  • Total Supply420.69T
  • Fully Diluted Market Cap8.46M

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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PepeFork ($PORK): A Comprehensive Analysis of the Community-Driven Meme Coin Initiative

PepeFork ($PORK) has emerged as a significant player in the decentralized finance (DeFi) landscape, positioning itself as a community-centric alternative to existing meme coin projects. Launched in early 2024, the initiative distinguishes itself through its transparent governance model, absence of transaction taxes, and commitment to leveraging internet culture to foster engagement. This report examines the project’s origins, technical framework, key milestones, and broader implications for the Web3 ecosystem.


Introduction to PepeFork ($PORK)

PepeFork ($PORK) is an Ethereum-based meme coin that originated as a fork of an earlier meme-driven cryptocurrency. Designed to address perceived shortcomings in governance and transparency within its predecessor, PepeFork emphasizes decentralized community participation and equitable token distribution. The project’s name and branding derive from the “Pepe the Frog” meme, a widely recognized internet symbol repurposed to reflect the playful yet subversive ethos of decentralized finance.

Unlike many meme coins that prioritise speculative trading, PepeFork incorporates utility-focused features such as staking, yield farming, and governance mechanisms. Its tokenomics model eliminates transaction taxes, a deliberate design choice aimed at reducing barriers to entry for retail investors. With a total supply of 420.69 trillion tokens, the project has cultivated a dedicated holder base exceeding 30,000 addresses, underscoring its grassroots appeal.


Project Overview and Objectives

Decentralized Governance and Community Empowerment

PepeFork operates without a centralized development team, relying instead on collective decision-making by token holders. This approach aligns with the broader Web3 philosophy of democratizing financial systems, allowing stakeholders to propose and vote on protocol upgrades, partnership opportunities, and treasury allocations. The absence of a formal roadmap further reinforces its adaptive, community-driven nature, enabling rapid pivots in response to market dynamics.

Integration of Meme Culture and DeFi Utilities

The project bridges internet culture with practical DeFi applications. Its ecosystem includes:

  • PepeSwap: A decentralized exchange (DEX) facilitating seamless token swaps.
  • PepeFarms: A yield optimization platform where users stake $PORK to earn rewards.
  • PepeLaunchpad: An incubator for emerging DeFi projects, leveraging $PORK as a governance and utility token.

These features aim to transition $PORK from a purely speculative asset to a multifaceted tool within the Ethereum ecosystem.


Creator and Development Background

Pauly0x: The Pseudonymous Architect

PepeFork was conceptualized and launched by Jeremy Cahen, a crypto influencer known pseudonymously as Pauly0x. His involvement stemmed from dissatisfaction with the governance and operational opacity of earlier meme coin projects, prompting him to spearhead a fork that prioritised transparency. Pauly0x’s visibility on social media platforms, particularly Twitter, played a pivotal role in galvanising initial community support.

Controversies and Challenges

In February 2025, Pauly0x faced legal scrutiny in Puerto Rico following allegations of assault, which temporarily overshadowed the project’s development. However, the incident did not directly impact $PORK’s technical infrastructure, as the protocol’s decentralized design insulates it from individual controversies.


Investor Landscape and Funding

Community-Centric Financing

PepeFork’s launch eschewed traditional venture capital or institutional backing, opting instead for a fair distribution model via decentralized exchanges. This approach ensured broad accessibility, with over 14,000 unique holders participating within the first week. The project’s initial liquidity pool exceeded $900,000, funded entirely through community contributions.

Strategic Endorsements

While formal investors remain undisclosed, the project received tacit endorsements from influential figures such as Matt Furie, the original creator of the Pepe the Frog meme. Such endorsements bolstered its cultural legitimacy, attracting attention from decentralized autonomous organizations (DAOs) and liquidity providers.


Technical Architecture and Innovations

Ethereum-Based Tokenomics

$PORK is an ERC-20 token deployed on the Ethereum blockchain, ensuring compatibility with wallets, DEXs, and DeFi protocols. Key technical specifications include:

  • Total Supply: 420.69 trillion tokens, with 396.67 trillion in circulation.
  • Smart Contract: Audited and renounced, mitigating risks of centralized manipulation.
  • Tax-Free Transactions: A 0% transaction tax enhances liquidity and trading efficiency.

Evolution to PepeFork 2.0

In February 2024, the community ratified PepeFork 2.0, introducing enhanced tokenomics such as a 5% marketing tax and a 20% token burn mechanism. This upgrade also laid the groundwork for an NFT-based trading card game, expanding the project’s utility beyond speculative trading.


Historical Timeline and Key Milestones

2024

  • January 30: $PORK launches on Uniswap, achieving a 500% surge within 48 hours.
  • February 1: Market capitalization peaks, briefly ranking among the top 10 meme coins.
  • February 5: PepeFork 2.0 presale commences, raising significant funds for liquidity provisioning.
  • February 12: Integration with major exchanges amplifies trading volume.

2025

  • February 9: Legal issues for Pauly0x surface, testing community resilience.
  • June 28: Launch of PepeLending, a decentralized lending platform leveraging $PORK as collateral.

Conclusion: Implications and Future Trajectory

PepeFork exemplifies the potential of community-driven initiatives to redefine value creation in the crypto space. By harmonising meme culture with DeFi utilities, the project challenges conventional narratives around meme coins’ long-term viability. However, its reliance on grassroots engagement poses risks, particularly in maintaining momentum amid market volatility and external controversies.

Future developments, including NFT integrations and cross-chain expansions, could further solidify $PORK’s position as a benchmark for decentralized community projects. For stakeholders, the key lies in balancing cultural resonance with sustainable utility—a paradigm shift that may inspire subsequent Web3 innovations.

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