Pepe The Frog Creator Drops A New NFT Collection

Renowned American digital comics artist and illustrator, Matt Furie, creator of the iconic Pepe the Frog, has made a notable return to the crypto market with his latest non-fungible token (NFT) collection, The Peplicator. This fresh release has quickly garnered widespread attention and acceptance within the thriving NFT market.

The Peplicator Emerges as a Dominant Force in the NFT Realm

On March 9, 2024, Matt Furie unveiled The Peplicator, a distinctive NFT collection, in collaboration with Chain Saw, a prominent crypto project focused on establishing a decentralized platform for peer-to-peer lending and borrowing. The Peplicator comprises 22,065 limited NFTs residing on the Ethereum blockchain network. The minting process during the launch set a price of 0.1 ETH for regular users, with a reduced rate of 0.042 ETH for HEDZ NFT holders. Exclusive half-price minting privileges were extended to ZOGZ and Pepe Open Editions holders.

Matt Furie originally introduced his green character in a lighthearted online comic back in 2015. However, this innocuous cartoon frog gained widespread recognition in early 2021, evolving into a globally adored symbol. Despite its innocent origins, Pepe the Frog took an unexpected turn when it was appropriated by certain hate groups during the United States Presidential Election, transforming from a harmless character into a symbol embraced by the alt-right, an internet meme, an NFT sensation, and even a viral coin.

Related: Bitcoin NFTs Stage Impressive Comeback, Dominating Weekly Sales

Pepes have been tokenized on the Bitcoin blockchain multiple times before the surge in popularity of Ethereum-based NFT collections such as CryptoPunks. The increasing demand for digital collectibles led to the emergence of platforms facilitating the tokenization of art, allowing creators to trade and store their digital creations.

Source: Cryptoslam.io, The Peplicator NFT Trading activity In the past 24 hours

The Peplicator Secures Top Position in NFT Sales

The Peplicator NFT collection continues to captivate traders and collectors, amassing a remarkable trading sales volume of $3.8 million in the past 24 hours alone. The collection boasts 1,176 buyers and 1,123 sellers, solidifying its position as the leading NFT sale, trailing only behind renowned collections like the Bitcoin Ordinals, Blast Box, and Bored Ape Yacht Club NFTs.