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Pepe

Pepe (PEPE)

• Proof of Stake
$0.00
-0.62% (24h)
Market Cap 1.76B
24h Volume $416.78M
Circulating 420.69T PEPE
All-Time High $0.00

About

Pepe is a meme-based cryptocurrency that emerged from internet culture inspired by “Pepe the Frog,” a familiar meme figure that has existed across forums and social media for years. Rather than being created for a specific utility or financial product, Pepe was designed to capture community enthusiasm and memetic value, transforming online humor into a tradable digital asset. It embodies the cultural aspects of meme coins, wherein social engagement, viral interest, and collective participation are central to its ongoing activity.

The token was launched on the Ethereum blockchain in April 2023 using the ERC-20 standard, which ensures compatibility with wallets, decentralized applications, and exchange infrastructure across the broader Ethereum ecosystem. The project adopted a “fair launch” model, with no presale, no traditional fundraising, and all tokens minted at once at genesis, reinforcing its grassroots, community-driven characteristics rather than corporate or founder allocation.

Pepe’s tokenomics were designed to be simple and accessible: a very large maximum supply of 420.69 trillion tokens was issued, with the majority added to decentralized exchange liquidity pools to support trading and market participation. The contract was renounced shortly after launch, reducing direct developer control and aligning with the ethos of decentralization common in meme asset communities.

Despite having no built-in utility, revenue streams, or governance structure, Pepe’s primary use case has been trading, speculative investment, and cultural expression within the cryptocurrency space. Its value and trading activity are driven largely by market sentiment and social media engagement rather than fundamental financial metrics, and holders often participate in rapid trading cycles, liquidity provision, and meme-centric community endeavors.

Over time, Pepe has been integrated into various decentralized finance contexts by community developers, including liquidity pools, bridges to other blockchains, and experimental community projects. Nonetheless, it remains fundamentally a speculative memecoin that thrives on virality and collective cultural momentum rather than traditional blockchain utility or product adoption.