Pepe Coin (PEPE) is a community-driven cryptocurrency inspired by the Pepe the Frog meme, though it has no official affiliation with its creator, Matt Furie. With locked liquidity and deflationary tokenomics, PEPE surged from a $20M to $9.5B market cap in under a year, becoming a leading Ethereum-based meme coin.
Overview
Pepe Coin is a meme-based cryptocurrency launched without presales or transaction taxes, prioritizing community-driven growth. Its initial liquidity pool was burned to ensure transparency and fair access. Rapid adoption via platforms like X (@pepecoineth) and Telegram propelled its market cap by 47,400% between 2023 and 2024.
Positioned as the "Ethereum of meme coins," PEPE correlates closely with ETH’s performance, akin to Dogwifhat (WIF) for Solana.
Pepe Coin Tokenomics
PEPE’s tokenomics are designed for liquidity, holder rewards, and sustainability:
- Total Supply: 420.69 trillion tokens.
- Liquidity Pool: 93.1% locked for stability.
- Reserved Tokens: 6.9% held for exchanges, bridges, and liquidity.
- Deflationary Mechanism: Tokens burned per transaction.
- Redistribution: Fees partially shared with holders.
This framework balances scarcity, incentives, and ecosystem resilience.
Pepe Coin Derivatives on Other Chains
Investors can explore these high-risk derivatives (unofficial to PEPE):
- Based Pepe (Base L2): $55M market cap, launched on Coinbase’s Base.
- Purple Pepe (Solana): Brings the Pepe meme to Solana.
- PepeFork (Ethereum): Transfers tax funds to Matt Furie.
👉 Discover more about meme coin derivatives
Who Created Pepe Coin?
The creator remains anonymous. The contract (Etherscan: 0x6982...1933) deployed initial liquidity at block 17046105. PEPE operates independently of Matt Furie, emphasizing decentralization.
How to Buy Pepe Coin
Follow these steps to purchase PEPE:
- Sign Up: Register on a regulated exchange like Bybit.
- Deposit Funds: Use USD, EUR, or cryptocurrencies.
- Search for PEPE: Locate the token on the platform.
- Purchase: Enter the desired amount and confirm.
FAQ Section
Is Pepe Coin affiliated with Matt Furie?
No, PEPE is community-driven and has no official ties to Furie.
What makes Pepe Coin deflationary?
Transactions burn tokens, reducing supply over time.
Can I stake Pepe Coin?
Currently, PEPE focuses on redistribution; staking isn’t native.
Why invest in meme coins?
They blend cultural trends with speculative value, though high-risk.
Bottom Line
Pepe Coin reigns supreme among frog-themed meme coins, with an $8.73B market cap dwarfing rivals like Brett. Its cultural and financial impact cements its status as a meme coin benchmark.
Written by Emily Shin
Research Analyst