It’s not a bird, it’s not a plane, it’s PEPE COIN, and here’s how to buy this historic meme coin in 2023! Pepe Coin, inspired by the widely known internet character Pepe the Frog, embodies a playful and community-centric crypto coiny. It is designed for applications such as tipping, gaming, and charitable endeavors.
Pepe Coin boasts a total token supply of 420.69 quadrillion, with 395.69 quadrillion currently in circulation. Here’s a quick guide to get you started with what Pepe Coin really is. So if you’ve ever asked “What platform can I buy Pepe?”, or “Is Pepe a good crypto investment?”, or even “Will Pepe Coin ever reach $1?”, here’s all you need to know about the Pepe ecosystem in 2023!
What is Pepe Coin?
Pepe Coin (PEPE) has surged as a prominent meme token in 2023, injecting vitality into crypto markets that previously traded sideways. Inspired by the iconic ‘Pepe the Frog’ meme, Pepe Coin, despite lacking utility, gained rapid traction since its April 2023 launch. Within two weeks, it reached a market cap exceeding $1 billion. This then surpasses $5 billion by May, ranking among the top 20 tokens globally.
With a current market cap over $600 million, Pepe Coin aims to challenge established meme tokens like Shiba Inu (SHIB) and Dogecoin (DOGE). Acknowledging its lack of intrinsic value, Pepe Coin’s appeal lies in its entertainment factor, as explicitly stated on its website. While trailing behind top meme coins in market cap, Pepe Coin’s ascent signals its potential to disrupt and compete in the dynamic cryptocurrency landscape.
Pepe Coin Price History
In a departure from typical meme cryptocurrency launches, $PEPE took a unique route by skipping the initial exchange offering (ICO) and directly listing on cryptocurrency exchanges on April 17th, 2023, with an initial price of approximately $0.000000001 per token. This unorthodox approach proved impactful, as $PEPE quickly surged to an all-time high (ATH) of $0.00000431 on May 5th, 2023. This represented an astounding 430,000% increase since its launch. Subsequently, the token experienced a correction, trading at around $0.00000126 by May 12th and maintaining a sideways trajectory in the following months.
However, $PEPE exhibited renewed bullish momentum at the close of June, with its price rising from $0.00000095 on June 20th to a live price of $0.00000150, marking a 65.5% surge in the last 30 days.
Reflecting on its all-time high, $PEPE reached $0.00000431 on May 5th, 2023, and the cryptocurrency continues to display resilience and responsiveness to market shifts.
As of the time of writing (October 2023), Pepe (PEPE) is valued at $0.0000006699
with a market cap of $300,674,931. Moreover it currently hovers around position #114 as a crypto coin in terms of total market cap.
What Causes the Price of Pepe Coin to Go Up?
X (formerly Twitter):
In case you’ve been living under a rock, memes are also a currency now.
