🐸 Does the $PEPE creator burn tokens?
Yes — PEPE has multiple burn mechanisms and actual burn events:
1. Initial LP burn & renounced ownership
The creators initially locked and then burned 93.1% of total supply (LP tokens) to ensure liquidity remained and couldn’t be tampered with—a one-time, irreversible action.
They also renounced ownership of the smart contract, meaning no further minting or changes can be made by the original creators.
2. Per‑transaction deflationary burns
Every transaction destroys (“burns”) a small percentage of PEPE tokens, reducing circulating supply over time and rewarding holders through redistribution.
3. Major burn events
April 2023: 210 trillion tokens (~50% of initial supply) were burned to establish scarcity.
October 24, 2023: Another 6.9 trillion tokens (≈1.6% of supply, ~$5.5 M) were burned directly from the team’s multisig wallet—subsequent price jump of about 30% occurred.
💡 Bottom line
Yes, the PEPE coin creators have implemented token-burning at multiple levels — from upfront liquidity burns and per-transaction burns to large-scale, community-impacting events. All are designed to reduce supply and encourage long-term holding.
Yes — PEPE has multiple burn mechanisms and actual burn events:
1. Initial LP burn & renounced ownership
The creators initially locked and then burned 93.1% of total supply (LP tokens) to ensure liquidity remained and couldn’t be tampered with—a one-time, irreversible action.
They also renounced ownership of the smart contract, meaning no further minting or changes can be made by the original creators.
2. Per‑transaction deflationary burns
Every transaction destroys (“burns”) a small percentage of PEPE tokens, reducing circulating supply over time and rewarding holders through redistribution.
3. Major burn events
April 2023: 210 trillion tokens (~50% of initial supply) were burned to establish scarcity.
October 24, 2023: Another 6.9 trillion tokens (≈1.6% of supply, ~$5.5 M) were burned directly from the team’s multisig wallet—subsequent price jump of about 30% occurred.
💡 Bottom line
Yes, the PEPE coin creators have implemented token-burning at multiple levels — from upfront liquidity burns and per-transaction burns to large-scale, community-impacting events. All are designed to reduce supply and encourage long-term holding.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
PEPE
0.00001012
-2.97%
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