Pepe Coin has emerged as a notable player in the meme cryptocurrency space, gaining popularity for its vibrant community and playful branding. This digital asset leverages the cultural phenomenon of internet memes, particularly those centered around the iconic character Pepe the Frog, to build both its identity and market presence. As with many meme coins, its value is highly influenced by social media trends and investor sentiment, making it a fascinating case study in the volatile world of crypto.
Pepe, symbolized as PEPE in the crypto space, marks a significant evolution from its origins as a meme-based phenomenon to a player within the cryptocurrency market. Known for its whimsical mascot and vibrant community, Pepe has captured the attention of investors and enthusiasts alike.
The early days of Pepe saw it debut at its all-time low (ATL) of $5.5142E-8 in April 2023, capturing initial interest with its low entry value. Over the following months, it witnessed a substantial surge, reaching its all-time high (ATH) of $1.717E-5 in May 2024. This represented an impressive increase of nearly 17,869% from its ATL, a testament to the strong speculative interest it aroused among traders.
One of Pepe's major strengths lies in its community-driven ethos. The enthusiastic base of supporters helps in driving engagement, which can influence market dynamics positively. Additionally, its meme-origin provides a unique branding advantage that distinguishes it from numerous other cryptocurrencies, facilitating viral marketing and potential adoption spikes during meme-driven market trends.
Despite its charm and initial success, Pepe carries inherent risks typical of meme coins. Its value is highly volatile and susceptible to speculative trading, which can lead to significant price swings. Investors face the possibility of rapid losses if market sentiment shifts or if traders cash out en masse after achieving short-term gains.
As of the latest data, Pepe is priced at $9.89E-6, with a circulating supply mirroring its total and maximum supply of approximately 420.69 trillion coins. This fixed supply can both benefit and constrain the coin's price dynamics. The market capitalization currently stands at around $4.15 billion, indicating a substantial scale for a meme coin, though it’s worth noting the significant fall from its ATH, which highlights vulnerability in market confidence.
Looking ahead, the prospects for Pepe will largely depend on how adept it can be in capitalizing on meme culture while managing the volatility that comes with it. Developments such as partnerships, unique use cases, and expansion of its community base could bolster its position. Conversely, the broader regulatory environment surrounding cryptocurrencies and shifts in cultural trends could pose challenges. Investors should weigh these factors carefully when considering their involvement with Pepe.
Pepe serves as both an exciting opportunity and a cautionary tale within the cryptocurrency market. Its trajectory highlights the power of collective sentiment and the unpredictable nature of meme-based investments. For those intrigued by the dynamic interplay of community enthusiasm and cryptocurrency potential, Pepe represents an intriguing option—albeit one that warrants prudent assessment and strategic planning.
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General Information |
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Title
Pepe
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Symbol
pepe
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Whitepaper
-
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Website
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Community
-
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Last Updated
2025-01-21 23:53
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Price Data |
Current Price $
1.59E-5
$
|
High 24h
1.632E-5
$
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Low 24h
1.478E-5
$
|
Price Change 24h
1.78733E-7
$
|
Price Change % 24h
1.13656
%
|
Market Data |
Market Cap
6683472811
|
Total Volume
1724583883
|
Market Cap Change 24h
70725593
|
Market Cap Change % 24h
1.06953
%
|
Return on Investment (ROI)
-
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Supply and Availability |
Circulating Supply
4.2069E+14
|
Total Supply
4.2069E+14
|
Max Supply
4.2069E+14
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Historical Data |
All Time High (ATH)
2.803E-5
|
ATH Change %
-43.19666
%
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ATH Date
2024-12-09 16:30
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All Time Low (ATL)
5.5142E-8
|
ATL Change %
28772.42241
%
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ATL Date
2023-04-18 02:14
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