Pepe Coin (PEPE) is a meme-based cryptocurrency launched in April 2023 on the Ethereum blockchain. Inspired by the internet meme "Pepe the Frog," PEPE quickly gained popularity among crypto enthusiasts and meme culture followers.
Key Features:
Deflationary Mechanism: PEPE employs a deflationary model where a small percentage of tokens are burned with each transaction, reducing the total supply over time. This mechanism aims to increase scarcity and potentially enhance the token's value.
Community-Driven: The project emphasizes community engagement, with active participation from holders in promoting and developing the ecosystem.
Zero Tax Policy: PEPE operates with zero transaction taxes, and the contract ownership has been renounced, meaning the developers no longer have control over the token contract.
Market Performance:
As of June 4, 2025, PEPE is trading at approximately $0.000012 USD, with a market capitalization of around $5.22 billion. The token has a circulating supply of 420.69 trillion coins.
Considerations:
While PEPE has garnered significant attention and a substantial market cap, it's important to note that meme coins like PEPE often lack intrinsic value and are primarily driven by community sentiment and social media trends. Investors should exercise caution and conduct thorough research before participating in such volatile markets.
If you're interested in learning more about PEPE or other meme-based cryptocurrencies, feel free to ask!
