The Pepe price is currently at $0.000008, as of August 22, 2024. Over the past 24 hours, the price of PEPE has moved by 0.29%. The 24-hour trading volume for Pepe stands at $665,592,736. Over the past year, the PEPE price has experienced a 666.1% change. Pepe now holds the 30 position in crypto.news rankings, with a market capitalization of $3,355,815,05. The circulating supply of PEPE is currently $420,690,000,000,. The metrics are updated every minute for real-time accuracy.
PEPE, a deflationary meme coin, was launched in April 2023, drawing inspiration from the widely recognized Pepe the Frog meme. Utilizing the Ethereum blockchain and adhering to the ERC-20 standard, Pepe coin can be stored and exchanged on any compatible platform.
Why is PEPE popular?
PEPE's attractiveness to the crypto community stems from various elements, including implementing a no-tax policy, developing a redistributive structure that rewards long-term investors, and implementing a burning mechanism that keeps the PEPE currency scarce.
The meme coin is not associated with any political or ideological movement, and its makers claim it represents freedom, innovation, and comedy.
It is also a one-of-a-kind item in its market, carrying on the legacy of $PEPE the Frog, a mascot with a tumultuous background.
The founders of $PEPE remain nameless for the time being, which is not uncommon in the meme coin space. But even if information about the project’s developers is limited, they have effectively generated attention by promoting their token and fostering a community around it using social media channels such as Twitter.