Overview of PEPE (Pepe Coin)
1. What Is PEPE?
PEPE, inspired by the Pepe the Frog meme, is a community-driven meme token launched in April 2023 on Ethereum. It emphasizes simplicity—featuring no transaction taxes, locked liquidity, and an immutable smart contract—and embraces internet culture rather than serious utility.
2. Tokenomics & Fundamentals
Supply: PEPE has an extremely large total supply of about 420.69 trillion tokens. Around 93.1% of these are locked in liquidity pools, with the rest reserved for future initiatives.
Utility: Primarily speculative and meme-based, lacking intrinsic functional use.
Risks: Highly volatile, speculative, anonymous team, and no defined revenue streams—score: 5/10 viability in a recent SWOT-style assessment.
3. Recent Market Sentiment & Technical Landscape
Price Performance: Over the past week, PEPE dropped around –10.6%, though it’s up ~35.8% year-over-year. The all-time high was 0.00002836 USDT on Dec 9, 2024, and the all-time low was 0.00000060 USDT on Sep 17, 2023.
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