Pepe (PEPE) Price, Market Cap & Coin Guide

Pepe (PEPE) is an Ethereum‑based meme token inspired by the internet‑famous Pepe the Frog meme created by Matt Furie. Launched in April 2023, PEPE quickly became one of the most recognized memecoins, driven by community hype, social media attention and speculative trading rather than technical utility.

PEPE is issued as a standard ERC‑20 token on Ethereum. The project explicitly states that it has no intrinsic value, no formal team and no expectation of financial return, positioning itself as a community‑owned, entertainment‑focused asset.

By category, PEPE is a pure meme coin. Its value is derived from cultural relevance, viral momentum and trader sentiment instead of a product roadmap, staking rewards or protocol revenue.

The token launched with a fixed supply of approximately 420.69 trillion PEPE, with liquidity locked and the contract renounced to promote a fair launch. Over time, various burn initiatives and community proposals have aimed to reduce circulating supply and increase scarcity.

PEPE is not affiliated with Matt Furie or the original Pepe the Frog IP. It exists purely as a crypto‑native expression of meme culture and online community dynamics.

The Pepe price chart shows how PEPE has traded across different timeframes, from intraday moves to multi‑month and multi‑year trends. Short intervals like 24H and 7D highlight extreme short‑term volatility typical of memecoins, while 1Y and ALL views reflect PEPE’s history from launch through major pump‑and‑dump cycles.

As a pure meme asset, PEPE’s price is heavily influenced by social media trends, influencer mentions, exchange listings and broader risk appetite in crypto. The chart should be treated as a record of speculative price action, not as a reflection of fundamental utility or cash flows.

For context on what influences PEPE over time, users can refer to the sections on PEPE’s tokenomics, burn initiatives and the role of community sentiment in meme coin markets.

Pepe (PEPE) is an ERC‑20 memecoin on Ethereum built around internet meme culture rather than any real utility. It can pump and dump rapidly, and is best understood as a high‑risk, attention‑driven asset rather than a long‑term investment.

PEPE launched in April 2023 and spread quickly through crypto social channels as $PEPE. The project describes itself as an entertainment token with no intrinsic value and no expectation of financial return. There is no formal team, roadmap or product; the coin is “completely useless” by design and exists for fun and speculation.

Key characteristics:

• Meme‑first asset: value is driven by the Pepe the Frog meme, community sentiment and speculative trading.

• No utility: no staking, no governance, no protocol revenue, no planned dApps or ecosystem products.

• Fair launch narrative: liquidity was locked at launch and the contract was renounced, with no pre‑sale or team allocation in the original design.

• Community‑owned: development and marketing are largely driven by volunteers, influencers and holders rather than a centralized company.

PEPE is a token, not a native coin, because it is issued on top of the Ethereum blockchain as an ERC‑20 asset.

Pepe operates as a standard ERC‑20 token on Ethereum:

• Transfers: users send PEPE by calling the token contract’s transfer function, paying gas in ETH. Transactions are recorded on Ethereum’s public ledger.

• Trading: PEPE is listed on centralized and decentralized exchanges, where price is determined by order books and liquidity pools.

• No special mechanics: unlike some tokens, PEPE does not include built‑in taxes, reflection rewards or complex on‑chain logic in its base contract.

The original launch emphasized:

• Locked liquidity: initial liquidity pools were locked to reduce the risk of an immediate rug pull.

• Renounced contract: ownership of the contract was renounced, meaning no single party can modify core parameters like supply or transfer rules.

• No pre‑sale / no team allocation: the narrative was that all tokens were available to the market at launch, with no hidden insider supply.

Over time, the community has experimented with:

• Burn campaigns: sending PEPE to burn addresses to reduce circulating supply.

• Governance‑style votes: informal polls and proposals on social channels about burns, listings and marketing initiatives (though these are not enforced by the contract itself).

From a user’s perspective, interacting with PEPE typically involves:

• Holding PEPE in an Ethereum‑compatible wallet.

• Sending or receiving PEPE via standard transfers.

• Trading PEPE on exchanges or DEXs against ETH, USDT, USDC and other pairs.

PEPE launched with a fixed total supply of approximately 420.69 trillion tokens. The tokenomics are intentionally simple: no minting, no taxes, no complex vesting schedules in the base design.

Key points:

• Max supply: around 420,690,000,000,000 PEPE (often rounded to 420 trillion).

• Circulating supply: nearly all of the supply was in circulation from launch, with minor reductions over time due to burns.

• No team allocation: the original launch narrative emphasized no pre‑sale and no dedicated team tokens.

• No staking or yield: PEPE does not generate on‑chain yield by itself; any “rewards” come from trading, speculation or external platforms that choose to support it.

Burn mechanisms (community‑driven, not protocol‑enforced):

• Manual burns: community proposals and campaigns encourage holders to send PEPE to burn addresses, permanently removing tokens.

• Structured burn plans: at various times, the community has discussed or implemented multi‑week burn schedules (e.g., burning a fixed number of tokens per week) to create supply shocks.

• Buyback‑and‑burn concepts: some proposals tie a portion of ecosystem fees (from DEXs, NFT sales or other initiatives) to buying PEPE from the market and burning it, though this depends on voluntary participation rather than a hard‑coded rule.

PEPE’s tokenomics are characterized by:

• An extremely large absolute supply with a very low unit price.

• A deflationary narrative driven by voluntary burns, though the percentage of supply removed over time has been modest relative to the total.

• Heavy reliance on community sentiment and speculative flows rather than structured emissions or revenue models.

Pepe (PEPE) is widely listed on centralized and decentralized exchanges. A typical path to buying PEPE looks like this:

1. Create an account on a centralized exchange that supports PEPE, or connect an Ethereum‑compatible wallet to a DEX that lists PEPE.

2. Complete any required identity verification if using a centralized platform.

3. Deposit fiat currency or another cryptocurrency, such as USDT, USDC or ETH.

4. Search for PEPE and choose a trading pair like PEPE/USDT, PEPE/USD or PEPE/ETH.

5. Place a market order to buy instantly or a limit order at a chosen price.

After purchasing PEPE, users can keep it on the exchange for short‑term trading or withdraw it to a non‑custodial wallet that supports ERC‑20 tokens.

PEPE can be stored in any wallet that supports Ethereum and ERC‑20 tokens. These include exchange wallets, browser and mobile wallets, and hardware wallets integrated with Ethereum.

For holding:

• Exchange wallets are convenient for active traders but place custody with the platform.

• Non‑custodial wallets allow users to control their private keys and interact directly with Ethereum dApps and DEXs.

• Hardware wallets offer an extra security layer by keeping private keys offline, while still enabling interaction with Ethereum‑based applications through compatible software.

Good practices:

• Use wallets that clearly support ERC‑20 tokens and display PEPE correctly.

• Back up seed phrases and private keys securely.

• Double‑check network (Ethereum), addresses and gas settings before sending PEPE.

• Be cautious of phishing sites and fake tokens that mimic PEPE.