PE is a digital currency of the "meme coin" type that was launched in April 2023 on the Ethereum network, based on the famous character "Pepe the Frog" from internet culture. This currency aims to capitalize on the popularity of digital memes, such as Dogecoin and Shiba Inu, without providing specific technological value or practical application.

🔹 Basic Information about PEPE

Symbol: PEPE

Current Price: approximately $0.000014 per PEPE

Market Cap: approximately $5.8 billion

24-Hour Trading Volume: approximately $1.44 billion

Max Supply: 420,690,000,000,000 PEPE

All-Time High: $0.00002825 in December 2024

All-Time Low: $0.000000001062 in April 2023

Global Rank: #25 by market cap

⚙️ How PEPE Works

PEPE operates as an ERC-20 token on the Ethereum network and features deflationary characteristics by burning a portion of the coins in each transaction, reducing the circulating supply over time. The development team behind the currency is anonymous and has relinquished ownership of the smart contract, preventing any future manipulation.

📈 Currency Performance and Market Movements

PEPE has experienced sharp price fluctuations since its launch, rising by 700% within days of its release, then falling by 65% in mid-May 2023. In 2024, it surged by 866% during the first seven months, making it one of the best-performing cryptocurrencies during that period.