#ilovepepe
Pepe Coin (PEPE) is a meme-based cryptocurrency that debuted in April 2023 on the Ethereum blockchain. Its branding draws inspiration from the popular internet meme character, Pepe the Frog.
Upon its launch, PEPE's initial price was approximately $0.0000013. The coin experienced significant volatility in its early months, reaching a low of $0.0000006 in September 2023. However, by December 2024, PEPE had surged to an all-time high of $0.0000262.
In 2024, PEPE's average price was $0.0000096, closing the year at $0.0000200 after peaking at $0.0000282. This remarkable growth was part of a broader trend in the cryptocurrency market, where meme coins like PEPE, Dogecoin, and Shiba Inu saw substantial gains, often outperforming more utility-focused tokens.
However, the meme coin market has been marked by significant volatility. In 2025, controversies and scams associated with certain tokens led to a decline in the overall market capitalization of meme coins, which dropped from a peak of $137 billion in December 2024 to $56.2 billion by late February 2025. As of March 27, 2025, PEPE's price stands at $0.000009 per token, reflecting a 51.46% decrease over the past 90 days.
The trajectory of PEPE underscores the speculative nature of meme coins, where prices are heavily influenced by market sentiment, social media trends, and endorsements from influential figures. Investors should exercise caution and conduct thorough research before engaging with such volatile assets.
