Pepe (PEPE) Price

Latest price analysis of PEPE: After the price correction in early August, PEPE may currently have a good buying opportunity.

The Next $100 Billion Project

The development of the cryptocurrency market always starts with a rise in Bitcoin's price and ends with a rise in the prices of meme tokens. So, meme tokens always have a place.

In the last two bull markets, Dogecoin and Shiba Inu became the two meme tokens with a market cap exceeding $100 billion. In this bull market, there is much debate over who will be the next token to have a market cap over $100 billion.

Whether a meme token's market cap can exceed $100 billion depends on three crucial factors: the number of token holders, the token's narrative, and its current market cap.

The more token holders a token has, the more users are bullish on that token.

Pic 1: Pepe coin holders

A meme token's narrative is closely tied to its community of users. For instance, Dogecoin's narrative was the "tipping culture," while Shiba's was "limited supply."

A meme token's market cap needs to be relatively small to have greater room for growth. Dogecoin and Shiba have both had a market cap of $100 billion in the past, but they currently stand at around $20 billion - $30 billion, so even if they rise, the upside might not be that significant.

Considering the three factors above, Pepe has a greater likelihood of becoming the next token with a market cap exceeding $100 billion.

Pepe has gone through team changes and token washouts, but with the strong support of its community, Pepe has avoided a rug pull and has instead continued to develop. Therefore, Pepe's potential is enormous.

How does Pepe Works

PEPE is a deflationary memecoin built on the Ethereum blockchain, designed as a tribute to the popular internet meme "Pepe the Frog." Unlike many other cryptocurrencies, PEPE does not claim any inherent utility and focuses purely on its identity as a meme coin. The project follows a no-tax policy, making transactions straightforward for users. By tapping into the existing popularity of meme coins like Dogecoin and Shiba Inu, PEPE seeks to carve out its space in the market. Its roadmap outlines several key milestones, including listings on major cryptocurrency platforms and efforts to trend on social media. PEPE's rapid rise in value during its initial launch sparked what some refer to as a "memecoin season," fueling market excitement around this genre of tokens.

Pepe’s Tokenomics

PEPE is a deflationary memecoin built on Ethereum, inspired by the "Pepe the Frog" meme, and focuses purely on its identity as a meme coin with no utility, leveraging a no-tax policy and social media-driven marketing. Created by an anonymous team, PEPE has quickly gained popularity, attracting a strong community and sparking a "memecoin season" with its rapid market rise.
As of October 9th, Pepe’s market cap is valued at $4.1 billion, with a total supply capped at 420 trillion tokens

Pepe's Founding Team

The creators of PEPE have chosen to remain anonymous, a common occurrence in the world of cryptocurrency. Despite the lack of information about the team, they have successfully leveraged social media, particularly Twitter, to promote PEPE and attract a strong community following. The anonymous nature of the team hasn’t hindered the coin's growth, as the project's marketing strategy and community-building efforts have made it a notable name in the memecoin market. While little is known about the specific individuals behind PEPE, their approach to promoting the coin has proven effective in capturing public interest.

Latest Price Analysis

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