Pepe (PEPE) is a meme coin inspired by the popular "Pepe the Frog" meme. It operates on the Ethereum blockchain as an ERC-20 token. Like other meme coins such as Dogecoin and Shiba Inu, Pepe aims to leverage its cultural significance and the viral nature of internet memes to build a strong community and drive adoption.
The PEPE coin has a total supply of 420.69 trillion tokens. The project's tokenomics include a no-tax policy, a redistribution system that rewards long-term holders, and a burning mechanism to manage supply. Approximately 93.1% of the tokens are allocated to the liquidity pool, with the corresponding LP tokens burnt, ensuring transparency and security. The remaining 6.9% is reserved for future listings on centralized exchanges (CEX) and other liquidity needsă5â source
Pepe (PEPE) is a meme coin inspired by the "Pepe the Frog" meme, operating on the Ethereum blockchain as an ERC-20 token. It aims to capitalize on the popularity of meme culture, similar to Dogecoin and Shiba Inu. The total supply of PEPE is 420.69 trillion tokens, with 93.1% allocated to the liquidity pool and the remaining 6.9% held for future centralized exchange listings and liquidity pools [oai_citation:1,Pepe Price | PEPE Price Index, Live Chart and USD Converter - Binance](https://www.binance.com/en/price/pepe) [oai_citation:2,Pepe price today, PEPE to USD live price, marketcap and chart | CoinMarketCap](https://coinmarketcap.com/currencies/pepe/).
The coin has seen significant volatility and rapid price increases, particularly following its listing on Binance in May 2023, which propelled its market cap to a high of $1.6 billion
