Share this article!

The memecoin Purple Pepe (PURPE) has gained its first acceptance as the payment format on a real estate transaction.

Missouri-based real estate developer Daniel Westermier is now accepting PURPE as payment for a commercial property in Sedalia, Missouri. According to Westermeier, “Accepting PURPE for real estate isn’t a gimmick—it’s the beginning of a new economic layer where community coins have real-world value.”

Purple Pepe was launched less than a year ago and is now trading on Poloniex, LBank, BitMart, Coinstash, Biconomy, and Slingshot. Its holder base in over 45,000 and its market cap is approaching $140 million. The WallStreetBets Facebook community has been among its most vibrant advocates.

“What started as a meme became a mission. PURPE isn’t just riding the hype cycle—we’re building something with staying power,” said Christopher Berrios, founder of the WallStreetBets Facebook group.