Pepe (PEPE) Tokenomics

Pepe (PEPE) Tokenomics

Discover key insights into Pepe (PEPE), including its token supply, distribution model, and real-time market data.
Page last updated: 2025-12-26 07:34:01 (UTC+8)
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Pepe (PEPE) Tokenomics & Price Analysis

Explore key tokenomics and price data for Pepe (PEPE), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.

Market Cap:
$ 1.64B
$ 1.64B$ 1.64B
Total Supply:
$ 420.69T
$ 420.69T$ 420.69T
Circulating Supply:
$ 420.69T
$ 420.69T$ 420.69T
FDV (Fully Diluted Valuation):
$ 1.64B
$ 1.64B$ 1.64B
All-Time High:
$ 0.00002837
$ 0.00002837$ 0.00002837
All-Time Low:
$ 0.000000000010627701
$ 0.000000000010627701$ 0.000000000010627701
Current Price:
$ 0.000003904
$ 0.000003904$ 0.000003904

Pepe (PEPE) Information

PEPE is a deflationary memecoin built on Ethereum that pays tribute to the iconic Pepe the Frog internet meme from the early 2000s. Unlike utility-focused cryptocurrencies, PEPE embraces its role as pure meme culture, with no complex features or unrealistic promises. Think of PEPE as digital collectible art that can be traded. The project implements a redistribution system rewarding long-term holders and features a burning mechanism that permanently removes tokens from circulation. With 420.69 trillion tokens in circulation, PEPE targets the growing memecoin community that made Dogecoin and Shiba Inu household names. What makes PEPE special is its no-tax policy, meaning zero transaction fees when trading.

How PEPE Token Works

PEPE operates as an ERC-20 token on the Ethereum blockchain, making it compatible with all major wallets like MetaMask. PEPE implements deflationary mechanics through its tokenomics structure, though the primary deflationary aspect comes from the initial token burn and renounced contract rather than per-transaction burning. Every transaction contributes to token scarcity through burning, potentially increasing value for remaining holders. PEPE features a redistribution system that rewards long-term holders, incentivizing holding rather than quick selling. The tokenomics are straightforward with 93.1% of tokens sent to liquidity pools with LP tokens burned and contract renounced, ensuring fair distribution. This means no team can dump large quantities on the market unexpectedly, creating a fair trading environment for all participants.

PEPE Coin Market Cap Analysis

PEPE currently maintains a market cap of approximately $4 billion, ranking among the top 35 cryptocurrencies globally and positioning it as a major player in the memecoin sector. This impressive valuation demonstrates the strong market demand for Pepe-themed assets, competing directly with Dogecoin's $12 billion and Shiba Inu's $6 billion market caps. The current supply of 420.69 trillion tokens creates large numbers but enables attractive micro-pricing for retail investors. Understanding the market cap relationship helps predict realistic price movements, as reaching higher valuations would require proportional increases in total market value. For perspective, PEPE reaching $0.0001 would need a market cap exceeding $42 trillion, which puts realistic price targets into proper context for informed trading decisions.

PEPE Coin Price Prediction

Current market analysis suggests PEPE could range between $0.000012-$0.000036 in 2025, with potential for higher peaks during bull market cycles. Recent whale activity shows a 257% increase in large transactions, indicating growing institutional interest. Growing mainstream adoption through major exchange listings provides additional momentum, while Bitcoin halving historically drives memecoin rallies. Technical indicators suggest potential breakout opportunities if buying pressure continues, though memecoin patterns can be unpredictable. However, remember that memecoins are highly volatile and price movements depend heavily on social media buzz. Conservative estimates suggest maximum values around $0.000034 by year-end, making it important to focus on realistic expectations rather than extreme predictions.

Is PEPE Coin a Good Investment

PEPE presents both exciting opportunities and significant risks that every trader must understand. The coin demonstrates strong community backing with over 200,000 wallet holders, while its deflationary tokenomics create natural price pressure through token burning. PEPE has shown proven resilience through multiple market cycles since its 2023 launch, gaining legitimacy through major exchange listings that provide enhanced liquidity. However, users must consider the extreme volatility typical of memecoins, lack of inherent utility, and understand that market sentiment and social media trends drive prices more than fundamentals. Smart investors should only invest money they can afford to lose completely, treating PEPE as a small portfolio allocation rather than a major holding. The current market context shows BTC reaching new highs, which typically benefits altcoins including PEPE.

Where to Buy PEPE Coin

MEXC is a premier destination to trade PEPE, offering superior features that set it apart from competitors. MEXC provides some of the highest PEPE trading volumes, ensuring minimal slippage on large orders with competitive fees that allow for more gains to stays in traders' pockets. The platform offers advanced tools including professional charting, stop-loss orders, and Futures trading options, all backed by industry-leading security measures. Users can trade PEPE anywhere using MEXC's intuitive mobile app, giving users flexibility and control over their investments. While PEPE trades on other exchanges, MEXC consistently offers competitive spreads and reliable order execution. Getting started is simple: sign up, complete KYC verification, and verify the account via email for higher withdrawal limits.

How to Buy PEPE Coin

Acquiring PEPE tokens is a straightforward process, often simpler than setting up a social media account.

  1. Go to MEXC's official website and Sign Up
  2. Complete KYC verification: Upload identification documents as required under standard protocols.
  3. Fund Account: Users can fund their accounts via bank transfers, debit cards, or by transferring other cryptocurrencies like BTC or ETH to get started.
  4. Select a Trading Pair: Common options include PEPE/USDT, which provides convenient access to the Spot market with stable pricing.
  5. Place an Order: Market orders execute immediately at current prices, while limit orders allow users to set preferred purchase prices.

It's best to begin with an amount users are comfortable investing in while gaining experience with the platform. Many investors also use a dollar-cost averaging strategy, purchasing small amounts of PEPE at regular intervals rather than trying to time the market perfectly.

In-Depth Token Structure of Pepe (PEPE)

Dive deeper into how PEPE tokens are issued, allocated, and unlocked. This section highlights key aspects of the token's economic structure: utility, incentives, and vesting.

The token economics of Pepe (PEPE) are characteristic of a meme coin, emphasizing simplicity, a fixed supply, and a community-driven, tax-free approach. The token was launched without a presale and with a renounced contract, aiming for a purely memetic and decentralized identity.

Issuance Mechanism

The PEPE token has a fixed maximum total supply of 420.69 trillion tokens.

  • Launch and Supply: PEPE was launched on April 17, 2023, in stealth mode with no presale.
  • Zero Taxes: A core feature of the token's design is a no-tax policy on transactions, which aims to attract a wider audience and expand its user base by not imposing transaction fees.
  • Burning Mechanism: The project incorporates a token-burning mechanism, which is intended to boost the token's value through a deflationary process by ensuring scarcity. However, as of December 15, 2024, there are no programmatic burn or buyback mechanisms featured or planned; the token contract contains a "burn" function that enables manual token burns.

Allocation Mechanism

The initial allocation of the maximum token supply was distributed into two main categories:

Allocation DestinationPercentage of Total SupplyApproximate Amount (PEPE)Purpose
Uniswap v3 Liquidity Pool93.1% (or 10% in another source)~391.66 trillionInitial liquidity provision.
Multi-Sig Wallet6.9% (or 90% in another source)~29.03 trillionReserved for future centralized exchange (CEX) listings, bridges, and liquidity pools.
  • Note on Allocation Discrepancy: There is a discrepancy in the reported initial allocation percentages. One source states 93.1% was sent to a Uniswap liquidity pool and 6.9% was held in a multi-sig wallet. Another source states 10% (~391.66 trillion PEPE) was sent to the Uniswap v3 liquidity pool, and 90% (~29.03 trillion PEPE) was sent to an address for future listings and liquidity. The latter source also notes that approximately 26.74 trillion PEPE tokens (~6.36% of the total supply) from the reserve allocation were transferred to a multi-sig wallet on May 4, 2023.
  • No Sales: The PEPE token was not sold in any public or private sales, nor was it used to raise funds for the project.

Asset Concentration

As of December 15, 2024, the top 10 addresses holding the ERC-20 PEPE on Ethereum control a combined ~172.70 trillion tokens, representing approximately 41.05% of the total token supply. A significant portion of this concentration is held by centralized exchange wallets:

  • Binance: Hot Wallet 20: ~60.00 trillion PEPE (~14.26% of the total supply)
  • Binance 28: ~30.40 trillion PEPE (~7.23% of the total supply)
  • OKX: ~16.33 trillion PEPE (~3.88% of the total supply)
  • Crypto.com 6: ~8.65 trillion PEPE (~2.06% of the total supply)

Usage and Incentive Mechanism

PEPE is primarily a meme cryptocurrency designed for entertainment purposes, with the project team claiming it is "completely useless."

  • Primary Use: The token's main function is speculative trading and participation in meme culture. The project's website currently features a direct Uniswap swap function for acquiring PEPE tokens as the primary interaction point.
  • Past Utility: Previously, holding PEPE tokens granted access to the "Pepe Palace Discord server," but this functionality has since been discontinued as of December 15, 2024.
  • Incentives: The project does not feature any staking or liquidity provision mechanisms as of December 15, 2024. A redistribution system is mentioned in some descriptions, which is said to benefit long-term holders, but no specific details on how users earn fees, additional tokens, or compensation were found.
  • Governance: There is no active governance process for community members or tokenholders to propose and vote on proposals that influence the project’s development. PEPE does not confer any claims on capital, voting rights, or share of profits in any centralized entity.

Locking Mechanism and Unlocking Time

Locking Mechanism

The PEPE token contract was renounced after the asset was launched, meaning no individuals or entities can alter the token contract. However, the contract initially contained a "blacklist" function, which allows the contract owner to prohibit specific addresses from executing smart contract functions or transferring the token. This function was called once shortly after launch to blacklist an address that purchased approximately 2.52 trillion PEPE (~0.60% of the total supply). Because the contract was renounced after the blacklisting, the address can never be removed from the blacklist.

Unlocking Time

The vast majority of the PEPE supply was unlocked at launch.

  • Initial Unlock: The entire maximum supply of 420.69 trillion PEPE was unlocked on April 17, 2023, the day the asset was launched. This represented a 100% impact on the circulating supply at that time.
  • Current Status: As of December 15, 2024, approximately ~420.56 trillion ERC-20 PEPE remains unlocked on Ethereum, accounting for ~99.97% of the total token supply. The remaining supply has been bridged to other chains like BNB Smart Chain and Arbitrum.

Multi-Sig Wallet Incident

A portion of the initial allocation (6.9% or ~29.03 trillion PEPE) was held in a multi-sig wallet for future use. On August 26, 2023, it was revealed that three former team members illicitly accessed this multi-sig wallet and stole approximately 16.00 trillion PEPE tokens (valued at about $15.00 million at the time), which were subsequently sold on major exchanges. Following this event, the multi-sig wallet's control was reduced from 5/8 signers to 2/8, with the remaining signer assuring the public that the remaining ~10.00 trillion tokens (~2.00% of the supply) were under safe control.

Pepe (PEPE) Tokenomics: Key Metrics Explained and Use Cases

Understanding the tokenomics of Pepe (PEPE) is essential for analysing its long-term value, sustainability, and potential.

Key Metrics and How They Are Calculated:

Total Supply:

The maximum number of PEPE tokens that have been or will ever be created.

Circulating Supply:

The number of tokens currently available on the market and in public hands.

Max Supply:

The hard cap on how many PEPE tokens can exist in total.

FDV (Fully Diluted Valuation):

Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.

Inflation Rate:

Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.

Why Do These Metrics Matter for Traders?

High circulating supply = greater liquidity.

Limited max supply + low inflation = potential for long-term price appreciation.

Transparent token distribution = better trust in the project and lower risk of centralised control.

High FDV with low current market cap = possible overvaluation signals.

Now that you understand PEPE's tokenomics, explore PEPE token's live price!

How to Buy PEPE

Interested in adding Pepe (PEPE) to your portfolio? MEXC supports various methods to buy PEPE, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.

Pepe (PEPE) Price History

Analysing the price history of PEPE helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.

PEPE Price Prediction

Want to know where PEPE might be heading? Our PEPE price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.

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Disclaimer

Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.

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