What is $PEPE Coin?

Pepe Coin is a meme-based cryptocurrency launched on the Ethereum blockchain in April 2023. It is inspired by the popular meme character Pepe the Frog. Like other meme coins (e.g., Dogecoin, Shiba Inu), Pepe Coin doesn’t offer much technical innovation but gains value mainly through community hype, memes, and social media buzz.

Key Features

Feature Description


Name Pepe Coin ($PEPE)


Blockchain Ethereum (ERC-20 token)


Launch Date April 2023


Total Supply 420,690,000,000,000 tokens (a play on internet meme numbers: 420 & 69)


Type Meme Coin


No Tax/Fees Initially promoted as a no-tax token

Purpose and Vision
Pepe Coin was not created with a traditional utility goal (like solving a technical problem). Its value is entirely community-driven, aiming to ride the wave of meme culture. The developers themselves stated it was “for entertainment purposes only” — a kind of “for the culture” crypto.

Growth and Hype

  • Within weeks of launch, $PEPE saw explosive growth, reaching billions in market cap due to FOMO (fear of missing out) and viral marketing.

  • It was quickly listed on major exchanges like Binance, OKX, KuCoin, etc., further fueling its price pump.

    Risk and criticism

  • No real utility: Unlike other tokens with DeFi use cases, Pepe is primarily speculative.

  • High volatility: Price swings can be extreme — it’s common for meme coins to rise and fall rapidly.

  • Developer anonymity: Some concerns exist about the transparency of the project.

  • “Pump and dump” warnings: Critics warn that many early investors cash out while new buyers are left with losses.

Current Use & Community

  • Pepe Coin is mainly used as a speculative asset or meme token.

  • It has a strong online community, with thousands of holders and meme creators.

  • Some have started using $PEPE in NFT projects, tipping, and social media contests.

Should You Invest?

✅ Pros:

  • Massive viral appeal.

  • Strong online community.

  • Low-cost entry point (price per token is tiny).

❌ Cons:

  • Highly speculative.

  • No intrinsic value or utility.

  • Risk of major losses in a crash.

🔔 Note: Always do your own research (DYOR) before investing in meme coins like $PEPE. They’re fun and popular, but also very risky.