PEPE Coin is a community-driven meme token inspired by the popular “Pepe the Frog” internet meme. Launched in April 2023 as an ERC-20 token on Ethereum.
Unique features include:
No transaction taxes and locked liquidity, promoting trust and simplicity
A deflationary model, with a small portion of tokens burned on each transaction
Redistribution rewards for holders, encouraging long-term holding
Despite its comedic origins, PEPE gained serious traction—its market cap briefly hit $1.5–1.6 billion during an explosive 2023 surge
How PEPE Spread and Traded:
PEPE thrives on memetic hype and community momentum, emblematic of meme coin cycles
Binance and Coinbase listings helped widen its reach, and its sheer 420.69 trillion supply means even modest price movements capture attention.
Market Value & Trading Momentum
On Coinbase, PEPE—a deflationary meme coin—was trading at roughly CA$6.96 billion in market cap with over CA$1.2 billion in 24-hour volume
In May 2025, activity intensified:
A Truth Social post by Trump featuring a Pepe meme (“on a mission from God”) sparked a 7% price jump and a dramatic spike in daily trading volume to around $1.6 billion
The surge was short-lived—profit-taking drove a 15–18% correction soon after
Analysts flagged key technical levels: if PEPE breaks resistance, it could challenge $0.000026, but support seems to hover near $0.00001–$0.000008
What Did Donald Trump Say?
Trump did not formally endorse PEPE. But his cryptic meme post on Truth Social—including alt-right symbols and the “mission from God” quote—triggered meme-driven trading frenzy
The Independent
.As one report put it, "it wasn’t an open backing," but his celebrity alone drove viral traction among meme-coin traders
Why It All Matters??????
PEPE exemplifies the meme-coin phenomenon in crypto—where pop culture, social media, and speculative frenzy intersect. It’s part of a broader trend, with newer projects like Little Pepe (LILPEPE) pushing meme coins to evolve via tech (Layer-2 chains, zero-tax models, DAO governance)
While PEPE remains a cultural icon, it's also a cautionary tale of volatility, speculation, and the power of influencers in crypto markets
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