Pepe Price: PEPE Live Price Chart, Market Cap & News Today

Although Pepe’s launch went mostly unnoticed, the token quickly rose to popularity in late spring of 2023. At the time of writing, this meme token had a whole army of fans and an incredibly high market cap that put it in the top 70 of crypto rankings. Many investors are left wondering if the Pepe coin price continues to rise or collapses under the weight of empty hype surrounding it — a fate that has befallen many other memecoins. But PEPE itself may succumb to the fate of many flash-in-the-pan memecoins that have preceded it—including Grimacecoin, Pump Coin, and many others—only to fade from public view in a short time.

Who created the concept of PEPE?

However, meme coins are highly volatile and speculative, and other factors in the macroeconomic environment and crypto space could influence PEPE’s price either way. Because of their virality, popular meme coins can be prone to especially high price volatility. In part, this is due to the sector’s reputation for being very high-risk but potentially high-reward. It’s true, some have successfully profited from the sharp price movements of meme coins.

Pepe Coin Price Live Data

Some crypto experts, like DFG founder James Wo, think that memecoins are integral parts of the crypto trading landscape, and more projects like PEPE will continue to emerge. However, like many other fleeting memecoins, PEPE may also experience significant price volatility and risk fading from public attention quickly. PEPE coins can be purchased on various cryptocurrency exchanges, offering an easy avenue for potential investors to become a part of the PEPE community. You can also buy Pepe Coin on Changelly — we aggregate the best offers from several major fiat providers with fair rates and low transaction fees and make the buying process incredibly smooth.

How Many PEPE Coins Are There in Circulation?

The team sent these tokens to liquidity pools for trading, and burned (permanently destroyed) their liquidity provider tokens (LP tokens). Phase two, known as “Vibe and HODL,” is currently underway, with several objectives already met. These include forming community partnerships, gaining listings on centralized exchanges, initiating a newsletter, and establishing a private Discord server exclusively for token holders.

Pepe Price Chart (PEPE)

1. But PEPE itself may succumb to the fate of many flash-in-the-pan memecoins that have preceded it—including Grimacecoin, Pump Coin, and many others—only to fade from public view in a short time.
2. These include forming community partnerships, gaining listings on centralized exchanges, initiating a newsletter, and establishing a private Discord server exclusively for token holders.
3. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
4. PEPE is an ERC-20 token on the Ethereum blockchain, with a maximum supply of 420,690,000,000 tokens.
5. Just like the name suggests, a memecoin is a cryptocurrency that originated from a meme.

The enthusiastic community backing has prompted lively debates about bull markets, price surges, and trading volumes. Pepe coin also utilizes an interesting redistribution system designed to incentivize potential investors to hold onto their tokens for longer periods. This strategy is crafted to enhance the token’s stability and increase its long-term success chances. Refresh your knowledge on what memecoins are with CMC Glossary.

The purpose of this website is solely to display information regarding the products and services available on the Crypto.com App. It is not intended to offer access to any of such products and services. You may obtain access to such products and services on the Crypto.com App.

By now, the project is well into Phase-2 and launched a marketing campaign, getting listed on VoltiChange. The project aims to capitalize on the popularity of meme coins, like Shiba Inu and Dogecoin, and strives to establish itself as one of the top meme-based cryptocurrencies. PEPE appeals to the cryptocurrency community by instituting a no-tax policy and being up-front about its lack of utility, keeping things pure and simple as a memecoin. The PEPE coin is an Ethereum-based deflationary https://cryptolisting.org/ memecoin that draws inspiration from the Pepe the Frog Internet meme. Other than the challenges that all cryptocurrencies face, Pepe coin will also have to directly compete with other memecoins, such as the well-established Shiba Inu or newcomers like the Thug Life token. At the end of the day, a lot will depend on the project’s team and how they approach their newfound popularity –– for memecoins, the key thing is to build a strong and supportive community and brand image.

PEPE’s distinct burning mechanism is the project’s unique aspect that strives to maintain the coin’s scarcity in the face of its colossal maximum supply. A portion of the crypto’s total tokens gets permanently removed from the circulating supply on a regular basis. According to the project’s official website, 93.1% of the token’s total supply was sent to a liquidity pool, where LP tokens (liquidity provider) were burnt. Those 6.9% remaining PEPE tokens will be used for future listings, bridges, and liquidity pools. In the past, anonymous creators of virally popular crypto projects have stolen their users funds via rug pulls. A leading example of this was the Squid (SQUID) token scam in 2021.

These selections reflect the wallets and platforms that met the top marks for the options on the market. Past performance is not a guarantee or predictor of future performance. The value of crypto assets can increase or decrease, and you could lose all or a substantial amount of your purchase price. When assessing a crypto asset, it’s essential for you to do your research and due diligence to make the best possible judgement, as any purchases shall be your sole responsibility. On the official PEPE website, the crypto project expressly mentions it has no affiliation with Pepe the Frog’s creator Matt Furie. The Pepe project and its native token simply exist as a fan-driven platform that seeks to further expand the utility and success of the famous frog.

Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Pepe coin’s price has already experienced significant changes in price over its short lifespan. It’s entirely possible volatility could continue to increase as new features emerge and more traders join the market. While this isn’t always the case with anonymous creators, it certainly pays to be mindful when approaching these kinds of projects. Anonymous creators are synonymous with the cryptocurrency space. For example, the famous creator of Bitcoin, Satoshi Nakamoto, is still unknown to this day.

Pepe is a green, amphibious cartoon character that originated from a 2005 comic entitled The Boy’s Club, created by Matt Furie. To understand PEPE and its significance, we must first revisit the meme’s origins. Cartoonist Matt Furie introduced Pepe the Frog in how to withdraw dollars from cryptopia his 2005 comic “Boys Club,” and since its debut, the character has evolved into an internet meme. While the PEPE crypto has no formal relations with Furie or the original Pepe the Frog, the memecoin used Pepe imagery to build a committed community quickly.

Volt Inu claims to be the first deflationary decentralised exchange (DEX), offering VoltiChange, which automatically lists and makes any Uniswap or PancakeSwap project deflationary — for free. While the official Pepe Coin website says that the token has no intrinsic value or expectation of financial return, the number of holders continues to be impressive. In line with the Trust Project guidelines, the educational content on this website is offered in good faith and for general information purposes only.