What is Pepe?
Pepe (PEPE) is a memecoin on Ethereum inspired by the Pepe the Frog internet meme. Launched in April 2023, it quickly became one of the largest memecoins by market cap, riding a wave of viral social media attention.
Unlike many memecoins, PEPE launched with no presale, zero taxes, and a renounced contract — earning credibility among memecoin traders. It has no utility beyond being a cultural token and speculative asset.
PEPE demonstrated the power of meme culture in crypto markets, reaching a multi-billion dollar market cap within months of launch. It remains one of the most actively traded memecoins on centralized and decentralized exchanges.
PEPE Tokenomics
PEPE has a total supply of 420.69 trillion tokens — a playful number referencing internet culture. 93.1% was sent to the liquidity pool, with the remaining 6.9% held in a multi-sig wallet for CEX listings, bridges, and liquidity. The contract is renounced, meaning no changes can be made.
PEPE Historical Price Performance
PEPE launched on April 17, 2023, and surged 4,000x within weeks, creating numerous millionaires among early buyers. After a correction, it reached new all-time highs in late 2024 during the broader memecoin rally, briefly exceeding $11 billion in market cap.
Frequently Asked Questions
PEPE is a highly speculative memecoin with no underlying utility or revenue model. While it has generated extraordinary returns for early holders, it carries extreme volatility and risk. Only invest what you can afford to lose entirely.
No, PEPE is purely a cultural/meme token. It has no staking, governance, or DeFi functionality. Its value is driven entirely by community sentiment and speculative trading.
PEPE's success was driven by its viral meme appeal, fair launch mechanics (no presale, 0% tax), massive social media buzz, and the broader memecoin trading culture that emerged in 2023-2024.
The PEPE contract has been renounced, meaning the deployer cannot modify it. However, as with all memecoins, the primary risk is market/liquidity risk rather than smart contract risk.
Is PEPE a good investment?
PEPE is a highly speculative memecoin with no underlying utility or revenue model. While it has generated extraordinary returns for early holders, it carries extreme volatility and risk. Only invest what you can afford to lose entirely.
Does PEPE have any utility?
No, PEPE is purely a cultural/meme token. It has no staking, governance, or DeFi functionality. Its value is driven entirely by community sentiment and speculative trading.
Why did PEPE pump so much?
PEPE's success was driven by its viral meme appeal, fair launch mechanics (no presale, 0% tax), massive social media buzz, and the broader memecoin trading culture that emerged in 2023-2024.
Is the PEPE contract safe?
The PEPE contract has been renounced, meaning the deployer cannot modify it. However, as with all memecoins, the primary risk is market/liquidity risk rather than smart contract risk.
Risk Warning
Cryptocurrency prices are highly volatile and can change rapidly. The information on this site is provided for informational purposes only and does not constitute financial, investment, or trading advice.