Pepe

Pepe (PEPE) is a community-driven meme coin inspired by the iconic Pepe the Frog character. Ranked 64th by market capitalisation, PEPE makes no claim to be a utility platform; it exists to celebrate internet meme culture and to let holders speculate on the staying power of one of the web's best-known memes. It was stealth-launched in April 2023 and quickly became one of the most recognisable meme tokens.

What is Pepe?

Pepe is a memecoin in its purest form, marketed as a token for the community with no roadmap of financial promises. Its appeal rests on culture, humour, and a large, active holder base rather than technology or revenue. The project emphasises fairness features such as zero transaction taxes, locked liquidity, and an immutable contract that cannot be altered after deployment.

How does Pepe work?

PEPE is an ERC-20 token on Ethereum, which secures transactions through proof-of-stake consensus, so it inherits the security and wallet compatibility of the Ethereum network rather than running its own chain. There is no staking, mining, or complex mechanism; the contract is fixed and the supply does not change, which is central to the project's transparency pitch.

Pepe tokenomics and supply

Pepe launched in 2023 with a fixed maximum supply of 420,690,000,000,000 tokens, a number chosen for its meme value. Circulating and total supply both match the maximum, meaning the full supply is in existence with no ongoing issuance. With zero taxes and permanently locked liquidity, the tokenomics are deliberately simple and unchangeable.

• Fixed supply of 420.69 trillion PEPE
• Circulating supply equals the maximum supply
• Zero transaction taxes and locked liquidity
• All-time high near $0.0000280; all-time low around $0.0000000551

What is Pepe used for?

PEPE's main use is speculation on the power of memes and participation in its community culture. The project has spoken about building community resources such as token-gated groups and educational content, but the token itself is explicitly not designed to do more than represent memetic value. It sits firmly in the meme category alongside other frog-themed and community tokens.

Where to buy Pepe

PEPE is widely listed across major exchanges thanks to its popularity. To compare fees, liquidity, and safety, see our best crypto exchanges ranking. Because PEPE is a standard ERC-20 token, any Ethereum-compatible wallet in our best crypto wallets guide can hold it securely.

Is Pepe a good investment?

Meme coins like PEPE are among the most volatile assets in crypto, driven largely by sentiment, social momentum, and speculation rather than fundamentals. Prices can rise and fall dramatically in short periods, and the project openly states it offers no intrinsic utility. Treat PEPE as high-risk entertainment capital and never invest more than you can afford to lose; this is not financial advice.