$PEPE
The PEPE token is one of the most prominent meme cryptocurrencies in the market, created as a tribute to the famous internet meme Pepe the Frog. Unlike projects with their own infrastructure or direct technical utility, PEPE’s financial behavior depends almost entirely on market liquidity, community sentiment, and speculation.

​Fundamentals and Ecosystem

​Utility and Structure: PEPE is an ERC-20 token issued on the Ethereum network. The project explicitly states in its documentation that it has no intrinsic value or promises of financial returns.

​Supply and Mechanics: It has a total supply of 420.69 trillion tokens. It originally included deflationary mechanics (token burning) and redistribution to incentivize holders.

​Liquidity Concentration: Price action is highly influenced by “whales” (large holders) and the circulating liquidity on major centralized exchanges (Binance, OKX, Bybit).