What is PEPE (PEPE)

Learned by 14.6k usersPublished on 2024.03.29Last updated on 2025.10.24

0.0000065

+1.57%

  • Last Price0.0000065
  • Turnover (24h)40.63M
  • All-Time High0.000028
  • Total Supply420.69T
  • Fully Diluted Market Cap2.75B
  • Ranking54
  • Market Cap2.75B
  • All-Time Low0.000000055
  • Circulating Supply420.69T

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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1. Project Introduction

1. What Is PEPE?

PEPE is a meme coin launched on the Ethereum blockchain in April 2023, themed around the viral internet meme “Pepe the Frog". The project is fundamentally community-driven, built around entertainment and social engagement rather than functional utility.

2. How Does PEPE Work?

Zero-Tax Trading: PEPE features a no-fee mechanism, promoting unrestricted trading and liquidity.

Deflationary Design: A portion of tokens is burned during transactions, reducing overall supply over time.

Token Burn & LP Destruction: At launch, the team burned 50% of the supply and locked or destroyed part of the liquidity pool (LP) tokens to boost trust.

Community-driven and No Governance: The project has no governance model; community engagement, memes, and social momentum drive its growth.

3. Who Founded PEPE?

Anonymous Team: No official background has been revealed about the developers. The smart contract ownership was renounced to prevent any further modification.

Funding: PEPE was launched without any presale or fundraising; instead, it began as a fair-launch community experiment.

4. PEPE Tokenomics

Token Name: PEPE

Total Supply: 420,690,000,000,000 (420.69 trillion)

Circulating Supply: Fully circulating; no additional minting.

Allocation and Vesting Schedule:

No allocations for team, advisors, or investors. No lockup mechanism. All tokens were unlocked at launch.

Half of the total supply (approximately 210 trillion tokens) were burned at inception to establish trust.

Some LP tokens were locked or burned to mitigate manipulation risks.

5. Timeline of Key Milestones

In April 2023, PEPE was launched as a meme token on the Ethereum mainnet, quickly gaining massive attention.

In the early stage, half of the total supply was burned, and a significant portion of LP tokens was locked/destroyed to reinforce trust and community confidence.

From 2023 to 2024, PEPE had been listed across numerous exchanges, becoming one of the most actively traded and discussed memecoins thanks to community hype and active trading activities.

Current Status: Despite lacking an official roadmap or technical development plan, PEPE continues to thrive through community meme creation, social media virality, and market speculation.

2. Team & Investment Info

The team is anonymous
Funding: NA

3. Social Media URLs

X: https://x.com/pepecoineth
Telegram: https://t.me/enterpepe
Discord: NA

4. Token Info

Token Symbol: PEPE
Total Supply: 420,690,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x6982508145454ce325ddbe47a25d4ec3d2311933
Token Distribution:
Community: 100%, 100% unlocked at TGE

5. Related Links

Official Website: https://www.pepe.vip/
White Paper: NA
Other Info: https://www.dextools.io/app/en/ether/pair-explorer/0xA43fe16908251ee70EF74718545e4FE6C5cCEc9f

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