What is a rare Pepe?

A rare Pepe or RarePepe is a variation on the "Pepe the Frog" internet meme, itself based on a character created by Matt Furie. The related Rare Pepe crypto project, created by various artists worldwide between 2016 and 2018, was based on the aforementaned meme and traded as non-fungible tokens (NFTs) recorded on the CounterParty platform.

What are Pepe the frog & Rare Pepes?

Thanks to their popularity, it’s perhaps not surprising that Pepe the Frog and rare Pepes made their way into the crypto space. They appeared on Counterparty - an open-source protocol built on top of Bitcoin - as non-fungible tokens ( NFTs) in 2016. This was before the existence of Ethereum NFTs. At the time, the term NFT wasn’t even in use yet.

How much is a rare Pepe NFT worth?

For instance, one rare Pepe created around Bitcoin’s founder Satoshi Nakamoto went for $149.99 ETH, which was about $500,000 at the time. Another copy of the same rare Pepe NFT sold for slightly less at 111.1 ETH. Not all rare Pepe NFT trades have ended well, however.

What is my Little Pepe?

My Little PEPE is one of the rare, one-of-a-kind Pepe cards that someone bought for 1,000,000 Pepe Cash, roughly the equivalent of $3,300. American Pegasus, the new owner of the card, has stated that he’s only interested in the rarest cards.