PEPE (PEPE GOLD) Crypto Coin Explained
PEPE (PEPE GOLD) Price Tracker
PEPE (PEPE GOLD)
ERC-20 Token on Ethereum
Current Price
24h Change
Market Cap
$3.96 Billion
24h Volume
$518 Million
All-Time High
$0.00002825
Circulating Supply
~420 Trillion
Quick Stats
- Rank #28
- Supply 420.69 Trillion
- Deflationary Yes
- Utility None
- Volatility High
Price Chart
Token Distribution
Liquidity pools are locked with token burns. Reserved funds are held in multi-sig wallet.
Risk Assessment
PEPE is a speculative meme coin with no intrinsic utility. Price movements are driven by social media sentiment and market hype.
- Extreme volatility expected
- No official development team
- Limited regulatory clarity
- Community-driven only
You've probably seen the green frog popping up in crypto chats and wondered what all the hype is about. PEPE crypto is a meme‑driven token that exploded onto the scene in 2023, leveraging internet culture to generate billions in market value. This guide breaks down what PEPE is, how it works, why it matters, and what risks you should keep an eye on before tossing any money its way.
Key Takeaways
- PEPE launched on April172023 as an ERC‑20 token on the Ethereum blockchain.
- The token has a deflationary model: 93% of supply sits in liquidity pools, and the remaining 7% is locked for future development.
- Market cap hovers around $4billion, putting it in the top‑30 cryptocurrencies by valuation.
- Price movements are driven almost entirely by social‑media sentiment, making it highly volatile.
- Investing in PEPE is speculative; treat it as a short‑term trade rather than a long‑term hold.
What Is PEPE?
PEPE is a meme‑based cryptocurrency launched on April172023 as an ERC‑20 token on the Ethereum blockchain. Inspired by the internet icon "Pepe the Frog," the token has no official tie to the original artwork's creator, MattFurie. The developers remain anonymous and have renounced ownership of the smart contract, meaning no single party can modify the code or mint additional tokens.
Unlike utility‑focused projects, PEPE exists purely for entertainment and community bragging rights. Its primary value comes from the viral power of memes, not from any technical innovation or real‑world use case.
Origin, Community, and Governance
The launch was a no‑presale, no‑team‑allocation event. The creators promised a "for the people" token with zero transaction tax, aiming to attract a grassroots following. The community quickly organized on Discord, Reddit, and Twitter, flooding the internet with frog‑themed memes, challenges, and giveaways.
Because the contract is renounced, governance is effectively "code‑only." No formal DAO exists, and any future development would require a new contract or an external multi‑signature wallet that currently holds 7% of the total supply. This approach appeals to decentralization purists but also leaves the future direction uncertain.
Technical Specs
- Blockchain: Ethereum
- Token Standard: ERC‑20
- Launch Date: 17April2023
- Total Supply: 420,690,000,000,000 PEPE
- Circulating Supply: Approximately 420trillion (shrinking via token burns)
- Contract Ownership: Renounced
All transactions are recorded on the Ethereum ledger, inheriting the network's gas‑fee dynamics. During high‑traffic meme rallies, users have reported elevated gas costs, which can affect profitability for short‑term traders.
Tokenomics & Distribution
The distribution model is intentionally simple:
- 93% (≈391.79trillion PEPE) was sent directly to liquidity pools on decentralized exchanges. The team then burned the corresponding LP tokens, effectively locking that portion forever.
- 7% (≈28.45trillion PEPE) resides in a multi‑signature wallet designated for future listings, marketing, or development efforts.
Burn mechanisms continue to reduce the total supply over time, creating a modest deflationary pressure. However, because there is no utility demand, price appreciation still relies on speculative buying pressure.
Market Performance (as of 3Oct2025)
- Current Price: $0.000009627 per PEPE
- Market Cap: $3.96billion (rank#28)
- 24‑Hour Volume: $518million
- All‑Time High: $0.00002825 on 9Dec2024
- Recent Rally: +6% in under 24hours, with trade volume tripling to 5.61trillion tokens.
Key technical levels identified by traders are a support near $0.00000900 and resistance around $0.00000968. Open interest in PEPE futures has climbed to nearly $600million, indicating growing interest from professional traders.
Risks & Investment Considerations
PEPE is a classic "meme coin:" high‑profile, high‑risk. Here are the main red flags:
- No Intrinsic Utility: The token does not power any platform, protocol, or service.
- Extreme Volatility: Prices can swing 20‑30% in a single day based solely on tweet sentiment.
- Anonymous Team: Lack of accountable developers makes future upgrades uncertain.
- Regulatory Uncertainty: Meme tokens have attracted scrutiny in several jurisdictions.
- Liquidity Dependence: While 93% sits in pools, a sudden mass sell‑off could still impact price sharply.
Most analysts suggest treating PEPE as a speculative play-ideal for short‑term swing traders who can handle rapid drawdowns. Long‑term investors should consider more fundamentals‑driven assets.
PEPE vs. Other Meme Coins
| Attribute | PEPE | Dogecoin | Shiba Inu |
|---|---|---|---|
| Launch Date | Apr2023 | Dec2013 | Aug2020 |
| Blockchain | Ethereum (ERC‑20) | Bitcoin (Layer‑2) | Ethereum (ERC‑20) |
| Market Cap (Oct2025) | $3.96B | $10.2B | $6.4B |
| Utility | None (pure meme) | Payments, tipping | DeFi ecosystem (ShibaSwap) |
| Community Focus | Frog‑meme culture | Dog‑meme culture | Dog‑meme + DeFi |
While Dogecoin and Shiba Inu have built some utility (payments, DeFi), PEPE leans entirely on meme virality. That makes it the most "speculative" of the three, but also the fastest to rally when a meme trend hits.
Future Outlook
Analysts project a wide price band for 2025, ranging from $0.000007to $0.000014 on average. Bullish scenarios linked to Bitcoin halving events or major exchange listings could push PEPE toward $0.000024 or even higher. However, any loss of community hype could see the token slip back toward its lower band.
Because the token has no roadmap, future developments will likely come from community‑driven forks or new tokenomics proposals submitted to the multi‑sig wallet holders. Watch for any announcements on additional exchange listings-especially on centralized platforms like Binance-as those tend to catalyze short‑term price spikes.
How to Buy & Store PEPE Safely
- Set up a non‑custodial wallet that supports ERC‑20 tokens (e.g., MetaMask, Trust Wallet).
- Buy Ethereum on a reputable exchange (Coinbase, Kraken) and transfer it to your wallet.
- Use a decentralized exchange (Uniswap or PancakeSwap on BSC bridge) to swap ETH for PEPE.
- Verify the contract address:
0x... (official PEPE contract)before confirming the trade. - Consider a hardware wallet (Ledger, Trezor) for long‑term storage, keeping the private key offline.
Never trust random “buy PEPE now” links on social media; phishing scams are common in meme‑coin spaces.
Frequently Asked Questions
Is PEPE the same as PEPEGOLD?
PEPEGOLD is not a separate, officially recognized token. Most searches that mention “PEPEGOLD” are actually referring to the standard PEPE meme coin.
Where can I trade PEPE?
PEPE is listed on major centralized exchanges like Binance and on decentralized platforms such as Uniswap. Always double‑check the contract address before swapping.
What makes PEPE’s price move?
Price spikes are driven by meme virality-tweets, Reddit posts, and Discord hype-and by large‑volume trades from "whales" who move millions of tokens at once.
Is PEPE a good long‑term investment?
Because PEPE lacks utility and a development roadmap, most experts classify it as a high‑risk, short‑term speculative asset rather than a long‑term hold.
How does the token burn affect PEPE?
Burns reduce the total supply, creating a slight scarcity effect. However, without demand from real usage, the impact on price is modest compared to market sentiment.
karsten wall
May 25, 2025 AT 15:50PEPE’s tokenomics are a textbook case of meme‑driven liquidity provisioning. The 93 % lock‑up in LP pools creates a de‑facto price floor, but the deflationary burn mechanism adds a thin scarcity vector. From a macro‑risk perspective, the absence of utility means the coin’s valuation is tightly coupled to community sentiment indices. Investors should therefore calibrate exposure based on sentiment volatility metrics rather than fundamental cash flows.
Keith Cotterill
May 25, 2025 AT 18:36Honestly, this meme‑coin is nothing more than a speculative hype‑cycle, a frivolous fad, and a glaring example of market myopia!!!
C Brown
May 25, 2025 AT 21:23Sure, the next big thing is a cartoon frog on a blockchain, because why would anyone trust actual tech over a meme? The price spikes look like a fireworks show-bright, loud, and over in seconds. If you’re looking for a real investment, keep your money away, but if you enjoy riding roller‑coasters, grab a ticket.
mukund gakhreja
May 26, 2025 AT 00:10Anyone thinking PEPE will replace Bitcoin is dreaming. The only thing it’s good at is making traders sweat.
Darrin Budzak
May 26, 2025 AT 02:56Looking at the chart, PEPE has been bouncing between the 0.0000090 and 0.0000098 zones for weeks. Volume spikes usually line up with a surge of meme posts on Reddit. It’s a classic case of supply‑demand being dictated by internet hype rather than protocol upgrades.
Latoya Jackman
May 26, 2025 AT 05:43The risk assessment correctly highlights the lack of intrinsic utility; without a use‑case the token’s price remains a function of speculation.
karyn brown
May 26, 2025 AT 08:30PEPE is just another #froggymeme, 🌱🚀 but don’t be fooled – it can melt your portfolio faster than ice in the Sahara. 😂
CJ Williams
May 26, 2025 AT 11:16Exactly! The community‑driven vibe can be a powerful force, but remember to set stop‑losses!!! 📈💡
Aman Wasade
May 26, 2025 AT 14:03If the frog starts wearing a cape, we’ll see real adoption. 🙄
Ron Hunsberger
May 26, 2025 AT 16:50Stay hopeful but keep a diversified portfolio; meme coins can be fun side‑bets when you can afford the loss.
Lana Idalia
May 26, 2025 AT 19:36Philosophically speaking, PEPE represents the post‑modern critique of finance – it’s a joke that you can actually trade. Yet the market treats it as a commodity, proving that value is a social construct. So whether you see it as art or alchemy, the bottom line is the same: volatility is king.
Henry Mitchell IV
May 26, 2025 AT 22:23Wow, deep stuff! :)
bhavin thakkar
May 27, 2025 AT 01:10When evaluating PEPE, one must first acknowledge the historical lineage of meme tokens that have risen and fallen with the tides of internet culture. The token’s launch in April 2023 was deliberately shrouded in anonymity, echoing the ethos of decentralization while simultaneously courting the mystique that fuels speculative fervor. Its 420.69 trillion supply, of which 93 percent is locked in liquidity pools, creates a paradoxical scenario where abundance meets scarcity. Burn mechanisms marginally reduce the circulating supply, but the psychological impact of a decreasing number often outweighs the actual numerical change. Market participants have repeatedly demonstrated that a single viral tweet can propel PEPE’s price by dozens of percent within hours. Conversely, a sudden moderation directive on a major platform can evaporate that momentum as swiftly as a pop bubble. The absence of a development roadmap or utility layer positions PEPE squarely in the realm of pure sentiment‑driven assets. This reality forces traders to adopt a hyper‑short‑term outlook, relying on technical analysis that is more art than science. Liquidity depth remains robust thanks to the locked pools, yet a coordinated sell‑off by large holders could still generate a pronounced price shock. Regulatory scrutiny, while currently limited, looms on the horizon as authorities globally seek to classify meme tokens within existing securities frameworks. Should a major exchange list PEPE, the ensuing influx of institutional capital could temporarily stabilize the price, but the underlying volatility would persist. Investors should also be wary of the psychological bias known as the ‘bandwagon effect,’ which amplifies both upward and downward moves. Diversifying across assets with genuine utility can mitigate the risk of a catastrophic drawdown from a meme‑only position. In summary, PEPE is a high‑risk, high‑reward vehicle that thrives on internet hype, community coordination, and speculative bravado. Approach it with the caution of a gambler and the curiosity of a sociologist, and you may extract value without jeopardizing your core holdings.
Marie Salcedo
May 27, 2025 AT 03:56Good luck, and remember to only invest what you’re comfortable losing!