Pepe Price - PEPE Cryptocurrency Live Chart and News

Pepe (PEPE) is a meme-inspired cryptocurrency launched in 2023 on the Ethereum blockchain. As an ERC-20 token, PEPE leverages the popularity of internet culture—specifically the iconic "Pepe the Frog" meme—to carve out a unique space in the volatile world of digital assets. With a maximum supply of 420,690 billion tokens and over 420,689.90 billion currently in circulation, PEPE has quickly become one of the most talked-about memecoins in the crypto market.

As of the latest data, PEPE's price stands at $0.000010177161 USD, with a 24-hour trading volume exceeding $769.49 million across active exchanges. The coin has experienced significant volatility, with a 24-hour price change of +$0.000000975045 (up 10.60%). Its 24-hour trading range sits between $0.00000153 (low) and $0.00000166 (high), reflecting strong market interest and momentum.

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What Is PEPE?

PEPE is a deflationary memecoin built on Ethereum, created as a tribute to Matt Furie’s beloved character "Pepe the Frog." Unlike utility-driven cryptocurrencies, PEPE embraces its status as a pure memecoin—offering no inherent functionality beyond community sentiment and speculative value.

The project gained traction by positioning itself alongside other popular meme-based tokens like Dogecoin and Shiba Inu, while differentiating itself through a no-tax policy and an emphasis on decentralization and scarcity. By removing traditional incentives for quick selling, PEPE aims to reward long-term holders and maintain price stability over time.

In April to May 2023, PEPE saw explosive growth, briefly reaching a market cap of $1.6 billion. This surge turned early adopters into overnight millionaires and sparked what some analysts call the “memecoin season,” where dozens of copycat tokens launched and surged rapidly—only to fade just as quickly.

PEPE’s development roadmap is divided into three key phases:

• Phase 1: Achieve listing on major tracking platforms like CoinMarketCap and generate viral buzz on social media.
• Phase 2: Secure listings on centralized exchanges (CEXs).
• Phase 3: List on top-tier exchanges and execute what the team calls a “meme takeover” of the crypto space.

While there is no formal whitepaper or technical innovation behind PEPE, its success lies in cultural relevance, community engagement, and timing within the broader crypto cycle.

Who Created PEPE?

The creators of PEPE remain anonymous—a common trait among many successful memecoins. Despite the lack of public figures or official team announcements, the developers successfully deployed the token, locked liquidity, burned LP tokens, and sent the deployer contract to a zero address, signaling a trustless and decentralized launch.

This approach has helped build credibility within the crypto community, where transparency and resistance to central control are highly valued. The team continues to engage indirectly through social channels, fostering organic growth without relying on celebrity endorsements or paid marketing campaigns.

What Makes PEPE Unique?

Several factors set PEPE apart from other memecoins:

• Cultural Legacy: Pepe the Frog has been a staple of internet culture since the mid-2000s, giving the token instant recognition and emotional resonance.
• Deflationary Mechanics: Through periodic token burns, the total supply is gradually reduced, increasing scarcity over time.
• Holding Incentives: A redistribution model rewards existing holders when transactions occur, encouraging long-term commitment.
• Liquidity Locking: 93.1% of the total supply was sent to Uniswap liquidity pools, with LP tokens burned to ensure permanent availability and prevent rug pulls.
• No Tax Model: Unlike many tokens that charge transaction fees, PEPE imposes no taxes on buys or sells, enhancing user experience and trader appeal.

These features combine to create a token that’s both technically sound and culturally resonant—rare for a project rooted purely in meme culture.

👉 Learn how deflationary tokens like PEPE influence investor behavior

Circulating Supply and Tokenomics

PEPE has a fixed maximum supply of 420,690 billion tokens, with nearly all already in circulation. Of this amount:

• 93.1% was allocated to Uniswap liquidity pools; LP tokens were burned to eliminate manipulation risks.
• 6.9% is held in a multi-signature wallet for future use in CEX listings, cross-chain bridges, and additional liquidity provisioning.

This distribution model ensures fairness and decentralization, minimizing the risk of insider dumping. Users can track the PEPE/WETH trading pair directly via blockchain analytics tools to monitor real-time activity and liquidity health.

How Is PEPE Secured?

As an ERC-20 token on the Ethereum network, PEPE inherits the security of Ethereum’s proof-of-stake (PoS) consensus mechanism. Validators stake ETH to verify transactions and protect the network, making it extremely difficult for malicious actors to compromise the system.

Since PEPE itself does not run its own blockchain, it relies entirely on Ethereum’s infrastructure for security, immutability, and transaction finality. This means users benefit from enterprise-grade protection without needing to trust a proprietary network.

Where Can You Buy PEPE?

PEPE is available on multiple decentralized and centralized exchanges, including major platforms that support Ethereum-based tokens. To purchase PEPE:

1. Set up a compatible wallet (e.g., MetaMask).
2. Acquire ETH or stablecoins like USDT.
3. Connect to a DEX like Uniswap or use a CEX that lists PEPE.
4. Swap your funds for PEPE tokens.

Always verify contract addresses before transacting to avoid scams.

Historical Price Performance

Despite trading below its all-time high, PEPE has shown resilience and renewed interest amid growing anticipation around the next Bitcoin halving event—a historical precursor to bull markets.

Is PEPE a Good Investment?

With a current market cap of $4.28 billion, PEPE ranks among the top 50 cryptocurrencies by valuation. However, investing in memecoins carries high risk due to their speculative nature and lack of intrinsic utility.

Consider these points before investing:

• Volatility: Prices can swing dramatically within hours.
• Community-Driven Value: Success depends heavily on social momentum.
• Market Sentiment: Broader crypto trends, especially Bitcoin performance, strongly influence PEPE.
• DYOR (Do Your Own Research): Analyze charts, sentiment, and macroeconomic factors before buying.

Many investors view PEPE not as a long-term store of value but as a short-to-medium-term play on cultural trends and market cycles.

👉 Explore tools to analyze PEPE price trends before investing

Frequently Asked Questions (FAQ)

What is the current price of PEPE?

As of now, PEPE is trading at approximately $0.000010177161 USD. Prices fluctuate in real time based on supply, demand, and broader market conditions.

What was PEPE’s highest price?

PEPE reached its all-time high of $0.00000435 on May 6, 2023. The current price reflects a significant increase from that level, indicating renewed market confidence.

How many PEPE coins are in circulation?

There are currently 420,689.90 billion PEPE tokens in circulation, with a maximum cap of 420,690 billion—making it nearly fully issued.

Is PEPE built on Ethereum?

Yes, PEPE is an ERC-20 token running on the Ethereum blockchain, benefiting from its security and wide ecosystem support.

Does PEPE have a burning mechanism?

Yes, PEPE employs a deflationary model where portions of the supply are periodically burned, reducing total availability and aiming to increase scarcity over time.

Can I stake PEPE?

Currently, there is no native staking mechanism for PEPE. However, some decentralized finance (DeFi) platforms may offer yield opportunities through liquidity pools or lending protocols.

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