PEPE coin has a total supply of 420.69T tokens, with 6.9T burned in October 2023, leaving 413.79T in circulation. Current price: $0.0000174. Ranked in top 3 meme coins with $100M+ daily volume. Available on Binance, OKX, Bybit.
Introduction to PEPE Coin
Launched in April 2023, PEPE quickly emerged as one of the most prominent meme coins in the cryptocurrency space, joining the ranks of DOGE and SHIB. The token, inspired by the 'Pepe the Frog' meme, has achieved remarkable success, currently ranking 30th among thousands of cryptocurrencies by market capitalization. Unlike many cryptocurrency projects that focus on specific use cases, PEPE's success is primarily driven by social media influence, community engagement, and the growing popularity of meme coins.
Total Supply Overview
PEPE coin launched with a fixed total supply of 420,690,000,000,000 tokens. This massive supply was chosen as a reference to meme culture, combining the numbers 420 and 69. Unlike some other cryptocurrencies, PEPE maintains a fixed supply cap, meaning no additional tokens can be created after launch. After the October 2023 burn event which removed 6.9 trillion tokens, the current supply is 413,790,000,000,000 PEPE tokens.
Total Supply
420.69T
Initial PEPE
Burned
6.9T
PEPE Burned
Circulating
413.79T
Current PEPE
Distribution Analysis
The initial distribution of PEPE coins followed these key principles:
- No pre-mine allocation - ensuring fair distribution from day one
- No team tokens reserved - preventing insider advantages and potential market manipulation
- No developer wallets - enhancing trust and transparency in token distribution
- 100% fair launch through decentralized exchanges - allowing equal access for all participants
- Significant allocation for exchange liquidity - ensuring smooth trading operations
This distribution model was designed to create a level playing field for all participants and prevent concentration of tokens in the hands of a few large holders.
Market Analysis & Performance
PEPE has established itself as a leading meme coin with significant market presence:
- Ranks among top 3 meme coins by market capitalization
- Reached all-time high of $0.00001730
- Daily trading volume consistently exceeding $100 million
- Available on major exchanges including Binance, OKX, and Bybit
- Strong liquidity in both centralized and decentralized exchanges
- Higher daily trading volume compared to many established cryptocurrencies
- Stronger price performance than traditional meme coins in 2023
- Better liquidity metrics in decentralized exchanges
PEPE/USDT
$0.0000174
Current Price
DOGE/USDT
$0.0859
Current Price
SHIB/USDT
$0.00000892
Current Price
Token Burning & Supply Management
PEPE implements strategic supply management through various burning mechanisms:
- Voluntary burns by token holders
- Community-initiated burning events
- Strategic team burns (e.g., 6.9T tokens in October 2023)
- Lost wallet addresses
These burning events create a deflationary effect, potentially increasing token value through reduced supply. The October 2023 burn event led to a 20% price increase, demonstrating the market impact of supply reduction.
Investment Considerations
When considering PEPE as an investment:
- Fixed supply creates natural scarcity, potentially supporting long-term value
- Deflationary mechanism through periodic burns helps maintain token economics
- Strong community support and social media presence drives market interest
- High market volatility typical of meme coins requires careful risk management
- No mining mechanism, unlike some other cryptocurrencies, preventing supply inflation
- Market performance heavily influenced by overall cryptocurrency market trends
- Success largely dependent on continued community engagement and support
Note: Cryptocurrency investments carry significant risks, and potential investors should conduct thorough research and consider their risk tolerance before making investment decisions.
Trading and Availability
PEPE coin maintains significant presence on cryptocurrency exchanges:
- Available on major centralized exchanges including Binance, OKX, and Bybit
- Listed on decentralized exchanges like Uniswap with deep liquidity pools
- Active trading pairs with USDT, USDC, ETH, and other major cryptocurrencies
- 24/7 market access for global traders
- Support for both spot and derivative trading
- Integration with popular crypto wallets including MetaMask and Trust Wallet
- Cross-chain bridges enabling trading on multiple blockchains
Security and Technical Aspects
PEPE implements several security measures and technical features:
- ERC-20 standard compliance ensuring wide compatibility
- Smart contract security audits completed
- Transparent and immutable blockchain records
- Decentralized governance structure
- No minting function in the contract
- Open-source code verification
Future Outlook
The future of PEPE coin is closely tied to several key factors:
- Continued community growth and engagement
- Implementation of future token burns
- Overall cryptocurrency market conditions
- Evolution of the meme coin ecosystem
- Development of new use cases and partnerships
As a community-driven project, PEPE's long-term success depends on maintaining its strong social presence while adapting to changing market dynamics.
Community and Social Impact
PEPE's community plays a crucial role in its ecosystem:
- Active social media presence across Twitter, Telegram, and Discord
- Regular community events and initiatives
- Strong meme culture integration
- Community-driven development decisions
- Global reach with multiple language communities
- Collaborative partnerships with other crypto projects
Risks and Challenges
Key factors that could impact PEPE's future:
- High market volatility and price swings
- Regulatory uncertainties in different jurisdictions
- Competition from new meme coins
- Dependency on market sentiment
- Limited practical applications beyond trading
- Potential impact of broader crypto market cycles
Market Activity
Common market activities around PEPE include:
- Exchange trading on major platforms
- Decentralized exchange interactions
- Participation in liquidity pools
- Cross-chain bridge transfers
- Community-driven initiatives
Note: These activities involve various levels of technical complexity and risk. Users should thoroughly understand blockchain technology and specific platform requirements before participation.
Frequently Asked Questions
PEPE stands out through its fair launch approach, strong community engagement, and strategic supply management through burns. It has achieved significant market presence, ranking among top meme coins with consistent high trading volumes.
PEPE follows ERC-20 standards with audited smart contracts. The contract has no minting function, ensuring fixed supply, and employs standard security measures for blockchain assets.
PEPE's community thrives through active social media presence, regular events, strong meme culture integration, and collaborative partnerships with other crypto projects.
PEPE launched with a fixed total supply of 420,690,000,000,000 tokens. After the October 2023 burn event which removed 6.9 trillion tokens, the current supply is 413,790,000,000,000 PEPE tokens.
No, PEPE has a fixed supply cap and the smart contract does not include any minting function. This means no new tokens can be created after the initial launch.
PEPE coins can be burned through several mechanisms: voluntary burns by token holders, community-initiated burning events, and strategic burns by the team. The most significant burn occurred in October 2023, removing 6.9 trillion tokens from circulation.
PEPE is available on major centralized exchanges like Binance, OKX, and Bybit, as well as decentralized exchanges like Uniswap. You can trade it against various pairs including USDT, USDC, and ETH.
PEPE's price is influenced by several factors: market sentiment, social media activity, overall cryptocurrency market conditions, token burns, trading volume, and community engagement.
PEPE, like all cryptocurrencies, exhibits high volatility. Its price movements are influenced by market sentiment, social media activity, overall cryptocurrency market conditions, and various other factors. Understanding these dynamics is crucial before any market participation.
PEPE coin was launched in April 2023 as a meme cryptocurrency inspired by the 'Pepe the Frog' meme. Since its launch, it has achieved significant milestones including reaching an all-time high of $0.00001730 and establishing itself among the top meme coins in the market.
PEPE ranks among the top 3 meme coins by market capitalization. It has shown stronger price performance than many traditional meme coins in 2023 and maintains higher daily trading volumes. The token also features better liquidity metrics on decentralized exchanges compared to many competitors.
As an ERC-20 token, PEPE can be stored in any Ethereum-compatible wallet. Popular options include MetaMask, Trust Wallet, Ledger, and Coinbase Wallet. These wallets provide secure storage and easy access for trading.
You can join the PEPE community through various channels: Follow official social media accounts on Twitter, join discussions on Telegram and Discord, participate in community events and initiatives, and engage with other community members through these platforms.
Summary
PEPE represents a unique combination of meme culture and cryptocurrency innovation, with its fixed supply of 420.69 trillion tokens serving as the foundation of its tokenomics. Through its fair launch, strategic burns, and strong community support, PEPE has established itself as a significant player in the meme coin space. The token's success demonstrates the growing influence of community-driven cryptocurrencies in the digital asset ecosystem.
Important Risk Warnings
Investment Risks
- Cryptocurrency investments are highly speculative and volatile
- You could lose your entire investment
- Past performance does not guarantee future results
- Meme coins carry additional risks due to their reliance on social sentiment
- Market manipulation risks are significant in small-cap cryptocurrencies
Regulatory Considerations
- Cryptocurrency regulations vary by jurisdiction
- Trading may be restricted in certain countries
- Tax implications should be carefully considered
- Regulatory changes could impact value and tradability
Data Verification
All market data presented in this article can be independently verified through:
- Blockchain Explorer: Etherscan
- Market Data: CoinGecko, CoinMarketCap
- Trading Information: Binance
Legal Disclaimer
Not Financial Advice: This article is for informational purposes only and does not constitute financial advice, investment advice, trading advice, or any other type of advice. Do not treat any of the content as such.
High Risk Warning: Cryptocurrency trading involves substantial risk and is not suitable for every investor. The high degree of leverage can work against you as well as for you. Before deciding to trade cryptocurrencies, you should carefully consider your investment objectives, level of experience, and risk appetite.
Accuracy of Information: While we strive to provide accurate and up-to-date information, we cannot guarantee that all information presented is correct. Market conditions change rapidly, and all investment decisions should be made independently after thorough research.
Regulatory Compliance: It is your responsibility to ensure that you comply with all applicable laws and regulations in your jurisdiction regarding cryptocurrency trading and investment.