Pepe PricePEPE

What is Pepe Coin?

One of the most well-known meme coins created on the Ethereum network is Pepe Coin ($PEPE). Pepe Coin quickly rose to prominence as one of the most actively traded cryptocurrencies following its April 2023 public launch.

PEPE launched on April 17, 2023 (the Start Date listed by Yahoo Finance) as a stealth launch, with no presale, no team allocation, and no venture capital round, and the full supply entered circulation at launch.

To put things in perspective, it took Dogecoin (DOGE) over four years to reach the $1 billion level in market capitalisation. Pepe Coin, on the other hand, accomplished the same goal three weeks after introduction. Since then, the price of $PEPE has fluctuated greatly, but the number of individual holders has remained remarkable.

According to the official Pepe meme Coin website, there is no inherent worth or expectation of financial gain for $PEPE.

CoinMarketCap lists 616.49K holders; this figure refers to on-chain holding addresses, not the number of individual investors. Unofficially, more than 100,000 investors have bought $PEPE on major cryptocurrency exchanges, though this figure is unverified and unofficial.

The founders of PEPE were initially anonymous. According to a May 2024 report, Zachary Testa, who is associated with NotLarvaLabs, revealed his identity on Twitter, and CoinGape also covered the revelation of founder Zachary Testa on October 21, 2023. In the official project description, the team remains anonymous.

How Does Pepe Coin Work?

Pepe Coin is an ERC-20 token on the Ethereum blockchain. The official project describes it as a meme coin with no utility and no governance, and the official website states that $PEPE has no inherent worth or expectation of financial gain.

PEPE is a deflationary token, but burns are manual only. The contract has no transaction tax, so no fees are built into the contract and no automatic deduction occurs on buys or sells. Around 6.9 trillion tokens were burned in October 2023, and there are no future unlocks, emissions, or vesting schedules, so effectively the full supply already circulates.

PEPE has no automatic burn mechanism, and burns are manual and have occurred a limited number of times. The current circulating supply is close to the full supply, so there is no continuous deflation.

The zero-tax policy of Pepe Coin is one of its distinguishing features; users can buy, sell, and trade $PEPE on centralized and decentralized exchanges, and because the contract has no transaction tax, trading does not incur additional fees.

Total supply is 420,690,000,000,000 PEPE (420.69 trillion). At launch, the full supply was split two ways: 93.1% went directly into a public liquidity pool, and the keys controlling that pool were permanently destroyed to prevent a liquidity drain; 6.9% sits in a multi-signature wallet earmarked for exchange listings and crosschain access. Contract ownership has been renounced (permanently locked), so nobody, including the original creators, can change its rules or create more tokens. The contract address is 0x6982508145454ce325ddbe47a25d4ec3d2311933, the official website is https://www.pepe.vip/, the block explorer is etherscan.io, and the CertiK rating is 4.4. Always verify the contract address before transacting.

Is Pepe Coin a Good Investment?

The high volatility and speculative price changes associated with Pepe Coin are dangers that investors should be aware of because they are typical of meme coins. Before committing funds, investors should undertake comprehensive study and examine the dangers, even though Pepe Coin's strong community support offers potential for growth.

This coin is a high-risk, high-reward investment option because its price is affected by market sentiment, social media trends, and the overall dynamics of the cryptocurrency industry.

Meme coin prices are highly volatile and influenced by market sentiment and social media, and they face regulatory uncertainty. PEPE has no inherent value.

In August 2023, PAULY, founder of NFT market Not Larva Labs, publicly claimed that the official PEPE team held PEPE worth $16 million to $17 million in at least 9 internal wallets. The official PEPE team then released a statement saying that 3 former members privately sold and deleted the multi-signature wallet.

What is the Future of Pepe Coin?

Do your own due diligence and be aware of the hazards before investing; it's hard to predict Pepe's future performance.

Having said that, Pepe Coin must overcome market obstacles and keep investor trust in order to succeed in the future. Some market materials mention ideas such as the Pepe Academy, community partnerships, and more trade listings, but the official project has not published a formal roadmap; PEPE is officially positioned as a meme coin with no utility and no governance.

Pepe Coin must be flexible and actively involve its community if it wants to succeed in the ever-changing meme coin market.

In April 2026, Canary Capital initially filed an S-1 registration statement with the SEC for a proposed spot ETF that would hold PEPE tokens directly. On October 2, 2026, Canary Capital updated its S-1 registration statement, listing plans for a Cboe BZX listing with BitGo custody. On October 7, 2026, Canary Capital submitted Pre-Effective Amendment No. 1 to its Form S-1; the proposed fund would hold PEPE tokens directly with custody through a bank and use the CoinDesk PEPE index for valuation. The application is still under review and the outcome is uncertain.

How to buy and store PEPE

PEPE can be bought, swapped, and stored through wallets that support ERC-20 tokens, such as MetaMask. Before transacting, verify the contract address 0x6982508145454ce325ddbe47a25d4ec3d2311933 on etherscan.io. Multiple tokens use similar names and Pepe-themed branding, so always verify the contract address before transacting; if a token doesn't match this address exactly, it isn't PEPE.