Pepe Coin (PEPE) is a meme cryptocurrency launched in April 2023 on the Ethereum blockchain as an ERC-20 token. It was inspired by the internet meme "Pepe the Frog," which gained popularity in the early 2000s.
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Key Features:
Blockchain: Ethereum (ERC-20)
Total Supply: 420.69 trillion tokens
Deflationary Model: A portion of tokens is burned during transactions, reducing the overall supply.
Holder Rewards: Long-term holders are incentivized through reward mechanisms.
Tax-Free: There are no transaction taxes on PEPE tokens.
Renounced Ownership: The contract creators gave up ownership to promote decentralization and prevent manipulation.
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History & Popularity:
Pepe Coin went viral shortly after launch and reached a $1 billion market cap within three weeks. Social media platforms like Telegram and X (formerly Twitter) played a key role in its marketing and hype.
In August 2023, some concerns arose when tokens were moved from the project’s wallet to exchanges. The team responded by burning tokens and bringing in new advisors to restore trust.
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Market Status (as of May 17, 2025):
Price: ~$0.000012
Market Cap: ~$5.11 billion
24h Trading Volume: ~$924.95 million
(Source: Binance)
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Where to Buy PEPE:
You can buy or trade Pepe Coin on major crypto exchanges such as:
Binance
OKX
Gate.io
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Risks:
Pepe Coin is a meme coin, meaning it generally lacks utility and is highly speculative. Prices can be extremely volatile. Always do your own research (DYOR) before investing.
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