Pepe Coin (PEPE) is a cryptocurrency that emerged in April 2023, drawing inspiration from the popular internet meme character, Pepe the Frog. As an ERC-20 token on the Ethereum blockchain, PEPE was introduced as a community-driven meme coin, aiming to capitalize on the viral nature of internet culture. Unlike traditional cryptocurrencies with specific technological goals, Pepe Coin's primary purpose revolves around community engagement and the celebration of meme culture within the crypto space.
Key Insights:
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Crypto Type: Meme Coin
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Ticker Symbol: Pepe Coin (PEPE)
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Blockchain Platform: ERC-20 token on Ethereum
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Market Cap: Approximately $3.4 billion (as of March 21, 2024)
All-Time High/Low:
- ATH: $0.00001739 (December 2024)
- ATL: $0.00000000001062 (April 15, 2023)
- ATH: $0.00001739 (December 2024)
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Circulating Supply/Total Supply: Maximum supply of 420,690,000,000 PEPE tokens
Holders: Data not specified
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Trading Volume: Data not specified
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Website: https://www.pepecoin.net
2025 Outlook for Pepe Coin:
The sentiment surrounding Pepe Coin in 2025 is mixed. While the coin experienced significant gains in 2024, surpassing other meme coins like Dogecoin and Shiba Inu in price gains and trading volume, recent market dynamics have raised concerns. A notable crypto analyst, DEFI OMEGA, mentioned that "$PEPE is currently on the brink of a breakout," suggesting potential growth.
However, the broader meme coin market has faced challenges, with market capitalization dropping from a peak of $137 billion in December 2024 to $56.2 billion by late February 2025.Additionally, controversies surrounding certain tokens have led to diminished investor confidence, impacting the overall crypto market.
History of Pepe Coin:
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April 2023: Launch of Pepe Coin as an ERC-20 token on the Ethereum blockchain.
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May 2023: Achieved a market capitalization of $1 billion within three weeks post-launch, marking a significant milestone in the meme coin market.
December 2024: Market capitalization surpassed $11 billion, briefly overtaking Uniswap's token (UNI) in crypto rankings.
November 2024: Major cryptocurrency exchanges Robinhood and Coinbase listed PEPE on their platforms, contributing to a price surge of over 50%.
January 2025: Elon Musk changed his name on the social media platform X to "Kekius Maximus" and updated his profile picture to Pepe the Frog dressed as a gladiator, sparking curiosity among his followers and influencing the cryptocurrency market.
These milestones highlight Pepe Coin's rapid rise within the meme coin sector, reflecting both the potential and volatility inherent in such community-driven projects.
