$PEPE Pepe (PEPE) is an Ethereum-based meme cryptocurrency inspired by the "Pepe the Frog" internet meme created by artist Matt Furie.
Launch and Tokenomics (April 2023)
Creation: Announced in April 2023 and launched on the Ethereum blockchain.
Supply: A total issuance of 420.69 trillion tokens.
Distribution: 93% of the supply was sent to liquidity pools, while 6.9% was reserved for centralized exchange listings. The team stated it had no pre-sale and no team-token allocation.
Rapid Rise and Early Growth (2023)
Explosive Rally: Trading first began on the decentralized exchange Uniswap, where the token surged over 1,300% within weeks.
Billion-Dollar Milestone: By May 5, 2023, PEPE reached a market capitalization of over $1.6 billion and crossed 100,000 holders.
Exchange Adoption: The token expanded quickly to major centralized platforms like OKX, Bybit, and Gate.
Milestones and Developments (2025–2026)
All-Time High: PEPE reached an all-time high price of $0.00002803.
Ecosystem & Security Scrutiny: As it scaled, the token faced various community and security updates, including front-end website exploits and distribution audits by analytics firms like Bubblemaps regarding its genesis supply structure.
Current Status: As of October 2026, PEPE trades around the $0.000004 range with a market capitalization of approximately $1.8 billion,