Interest in the Pepe (PEPE) meme coin is once again surging – and so is the number of holders. A newly released June 2025 list of the richest PEPE wallets shows that the token has surpassed 464,000 holders, with one wallet alone holding an astonishing 50 trillion PEPE, which represents nearly 12% of the total supply.
🔹 Sharp Rise in Investor Numbers
PEPE, which now ranks among the top 3 meme coins of 2025, is experiencing a wave of renewed demand. According to CoinMarketCap and CoinLore, the number of holders reached 464,050, with thousands of new addresses added within just one month.
However, the data also reveals a high level of concentration – only 100 wallets control 72.2% of the entire PEPE supply.
📊 Wealth Breakdown: Top 100 PEPE Holders
A detailed analysis of the distribution shows the following:
🔹 Top 1–10 wallets hold 158.77 trillion PEPE (37.74%)
🔹 Wallets ranked 11–100 hold 144.93 trillion PEPE (34.34%)
🔹 The remaining 463,000+ wallets share only 27.8% of the token supply
This means that the majority of PEPE is in the hands of a small elite, which could cause significant market movements if any of them decide to sell.
🐋 Largest Whale: Wallet “0xf9”
At the top of the rich list is wallet 0xf9, holding 11.89% of the total PEPE supply, or 50 trillion tokens. It’s followed by wallet 0x5a with 27.6 trillion (6.60%), and 0x73 with 16.3 trillion tokens.
Interestingly, the list also includes a "burn wallet" in the 9th position, with 6.9 trillion tokens permanently locked to create scarcity.
⚠️ Centralization Risks and Market Impact
The fact that a few wallets hold most of the tokens presents decentralization concerns. If any of these top holders decide to dump their tokens, it could cause sharp price drops. There’s also a risk of market manipulation through coordinated actions.
Nevertheless, PEPE continues to gain traction, with its holder base expanding steadily – showing lasting community interest despite potential centralization risks.
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