PEPE is a meme-inspired cryptocurrency that has captured significant attention within the digital asset space. As a community-driven token, it blends meme culture with aspirations of utility and charitable initiatives. This article provides a detailed overview of PEPE, including its market performance, key characteristics, and essential details for interested observers.
Understanding PEPE Tokenomics
PEPE operates primarily on the Base blockchain. Its tokenomics are defined by a fixed total supply, meaning no new tokens can be created. This structure is a critical factor for investors to understand, as it inherently influences the asset's scarcity and potential price dynamics.
Key Token Metrics:
- Total Supply: 420,690,000,000,000 PEPE
- Max Supply: 420,690,000,000,000 PEPE
- Contract Address (Base): 0x698dc45e4f10966f6d1d98e3bfd7071d8144c233
PEPE Market Performance and Statistics
Tracking the key market metrics is essential for gauging the performance and liquidity of any cryptocurrency. For PEPE, these figures provide insight into its market presence and trading activity.
Live Market Data (Representative):
- 24h Trading Volume: This metric indicates the total value of PEPE traded across all supported platforms in the last 24 hours, reflecting its current market liquidity.
- Market Capitalization: This value represents the total circulating supply of PEPE multiplied by its current price, giving an estimate of the token's total market value.
It is important to note that market data is highly volatile and can change rapidly. For the most accurate and real-time pricing information, always refer to a reliable data aggregator or exchange. You can check the latest market data and trading pairs on major platforms to stay updated.
Historical Price Analysis
Examining past performance can offer context, though it is never a guarantee of future results.
- All-Time High: PEPE reached its highest recorded price of approximately $0.0000000466 on May 28, 2024.
- Price Volatility: Like many meme coins, PEPE has experienced significant price fluctuations over its history, which is typical for assets in this category.
What is the PEPE Cryptocurrency?
PEPE is more than just a digital asset; it represents a cultural movement within the crypto ecosystem. Born from internet meme culture, the project aims to leverage its community's enthusiasm to build a framework that potentially includes practical applications and charitable contributions.
Its identity is closely tied to the "Memes" narrative and its development within the "Base ecosystem," a growing layer-2 blockchain environment.
Where to Buy and Trade PEPE
Acquiring PEPE requires using supported cryptocurrency exchanges. Prospective users must exercise caution and conduct thorough research to ensure they are using legitimate platforms and interacting with the correct contract address.
Supported Venues:
PEPE is available for trading on several exchanges, including both centralized and decentralized platforms. Always verify the official contract address (provided above) when trading on a Decentralized Exchange (DEX) to avoid scam tokens that imitate the original.
PEPE Social Media and Community
A strong community is a hallmark of meme coins. PEPE maintains an active presence on various social media platforms, which serve as hubs for news, updates, and community discussion.
- Twitter: Follows project announcements and engages with the community.
- Telegram: Provides a channel for real-time conversation among community members.
Frequently Asked Questions
How much is 1 PEPE worth?
The price of PEPE is extremely volatile and changes continuously based on market supply and demand. For the most current valuation, you must view live price charts on a trusted exchange. The value is typically a fraction of a cent.
What was the all-time high price for PEPE?
PEPE reached its all-time high price of $0.0000000466 in May 2024. Historical price data can be found on various cryptocurrency market tracking websites.
Which platforms are best for buying PEPE?
The best platform depends on your location, preferred payment methods, and whether you want to use a centralized or decentralized exchange. Always choose well-established, secure exchanges with a good reputation and ensure you are trading the authentic token by verifying its contract address.
Can I short the PEPE token?
As of now, major derivatives exchanges do not widely offer futures contracts or ETFs for PEPE, making traditional shorting strategies difficult to execute for the average investor.
Is PEPE a mineable cryptocurrency?
No, PEPE is not a mineable coin. Its entire supply was created at launch and is in circulation, with no new tokens being generated through a proof-of-work or proof-of-stake mechanism.
What is the main purpose of the PEPE token?
PEPE primarily functions as a community-driven meme coin. Its value is largely derived from cultural popularity and social media sentiment. The project has expressed goals to expand into utility and charity, but its core identity remains within the meme coin niche.
Disclaimer: This content is for informational purposes only and is not intended as investment advice. All market data and information are derived from public sources. You should always conduct your own research (DYOR) and consult with a qualified financial advisor before making any investment decisions. The cryptocurrency market is highly volatile and involves significant risk of loss.