Pepe Coin is an Ethereum-based deflationary meme coin inspired by the Pepe the Frog meme. It gained rapid popularity in 2023, quickly reaching a significant market capitalization despite lacking intrinsic value or utility, a common characteristic of meme coins.
Key Characteristics:
Ethereum-based (ERC-20 Token): Benefits from Ethereum's security and Proof-of-Stake (PoS) consensus mechanism.
Deflationary Mechanism: Involves burning tokens with each transaction to maintain scarcity and potentially increase value over time.
Redistribution System: Allocates 1% of every transaction to a pool distributed among token holders, incentivizing long-term holding.
No-Tax Policy: Unlike some other meme coins (e.g., Pepe 2.0), Pepe Coin has no transaction tax, aiming to promote financial freedom and privacy.
Community-Driven: Relies heavily on a dedicated online community for its growth and visibility, with a strong presence on platforms like X (formerly Twitter), Telegram, Discord, and Reddit.
Anonymous Founders: The team behind Pepe Coin remains anonymous, which, while not uncommon in crypto, can be a red flag due to past incidents like
rug pulls.
Market Performance and Data:
Current Price (as of June 27, 2025):
0.00000927
0.00000927(fromLearnCrypto)and0.059265 (from CoinGecko). Note: There is a significant discrepancy in price reporting between LearnCrypto and CoinGecko. I will use the CoinGecko price as it seems more up-to-date and provides more detailed market data.
24-hour Trading Volume: $584,844,184 (CoinGecko)
Market Cap: $3,895,707,071 (CoinGecko)
Circulating Supply: 420,690,000,000,000 PEPE (CoinGecko)
Total Supply/Max Supply: 420,690,000,000,000 PEPE (CoinGecko)
All-Time High: $0.00002803 (December 09, 2024) - 67.0% below this peak (CoinGecko)
All-Time Low: $0.075514 (April 18, 2023) - 16698.6% above this low (CoinGecko)
Recent Performance: -2.66% price decline in the last 24 hours and -8.07% price decline in the past 7 days (CoinGecko). Underperforming the global cryptocurrency market and similar Ethereum Ecosystem cryptocurrencies.
Community and Current Status:
Community Strength: Over 529,000 followers on X (formerly Twitter) as of December 2023, with a broad presence on Telegram, Discord, and Reddit.
Future Plans: Launching a Pepe Academy and merchandise to expand its ecosystem.
Listings: Listed on 320 active markets, indicating high acceptance among crypto trading platforms.
Concerns: In August 2023, 16 trillion Pepe tokens (worth ~$15 million) were mysteriously transferred from the multi-signature wallet to centralized exchanges, raising community concerns. This highlights the risks associated with anonymous founders and potential vulnerabilities.