Market Overview
PEPE has emerged as a trending topic on Binance Square, with daily token burns exceeding 8.4 billion on July 10, 2025, and 7 billion on July 11. Despite these headline-grabbing figures, the token's total supply remains colossal at 420.68 trillion, raising questions about the practical impact of such burns. PEPE's price currently hovers at $0.000011, showing modest gains of 0.75% in 24 hours and 0.8% weekly. However, its speculative nature is underscored by a 35% price drop in recent days, leaving investors divided.
Key Drivers Behind the Strategy
The deflationary burning mechanism is central to PEPE's design, with tokens destroyed via transaction fees and LP token removals. Unlike scheduled burns, PEPE's approach is transaction-driven, meaning higher network activity accelerates supply reduction. While theoretically aiming to create scarcity, experts note that daily burns represent a negligible 0.002% of total supply, limiting immediate price influence. The token's value trajectory now hinges on balancing supply reduction with utility development and market demand, both of which remain uncertain.
Trading Implications
The token's aggressive burns have sparked a $605 million surge in 24-hour trading volume, signaling short-term hype. Whale wallets are actively accumulating trillions of PEPE, suggesting strategic positioning ahead of potential rallies. Analysts predict a $0.00000958–$0.0000105 price range by August 2025, contingent on sustained burn rates and broader market conditions. However, traders should remain cautious: burns alone may not offset PEPE's reliance on speculation, as highlighted by recent sharp declines.
Community Sentiment
Binance Square users are polarized. PEPE Burns Daily emphasizes the deflationary commitment, stating, "8.4B tokens vanished — real supply reduction.$PEPE
