$PEPE

PEPE is a meme coin launched in April 2023 on the Ethereum network as an ERC-20 token, inspired by the famous 'Pepe the Frog' character. It was founded by an anonymous team and features a no-tax policy, a very low exchange rate, with a massive amount of tokens in circulation.

How does it work?

It is designed to operate in a deflationary manner; a small percentage of each transaction is burned to reduce supply, and a portion of the transaction is distributed to other holders, encouraging long-term holding.

Current market and performance:

Its current price is approximately $0.000012, with a market capitalization of about $5 billion and it has risen by about 8% in the last 24 hours. Despite its high volatility and dropping from its peak (its peak prices were around $0.000028 in December 2024), it remains attractive among the meme coin community.

Why do investors pay attention to it?

Most of PEPE's attention is focused on community culture and media hype rather than any real technical or economic use. It is essentially a speculative token based on market activities and public interaction.