What is PEPE Coin?
PEPE Coin is a cryptocurrency inspired by the iconic internet meme "Pepe the Frog." Launched in May 2023 during the memecoin surge, PEPE blends humor with speculative value, amassing over 150,000 dedicated users. As an ERC-20 token on Ethereum, it benefits from blockchain security and integrates with 300+ dApps. Its fixed supply of 420.69 trillion tokens creates artificial scarcity, influencing its market dynamics.
Key Features:
- Cultural Phenomenon: Bridges global digital communities.
- Scarcity-Driven: Fixed supply fuels exclusivity.
- Fast Transactions: ~15-second confirmation times.
How PEPE Coin Works
Operating on Ethereum, PEPE enables secure, low-cost transactions. Its price is determined by real-time supply/demand across exchanges. Traders monitor metrics like:
- Trading Volume: Peaked at $500M daily.
- Market Cap: Reached $1.8B at ATH (May 5, 2024).
- Circulating Supply: 93% of total tokens released.
π Track PEPEβs live price
Factors Influencing PEPE Price
- Social Media Trends: Viral memes can spike prices by 40%.
- Exchange Listings: New listings boost visibility.
- Market Sentiment: Correlates 0.82 with meme trends.
- BTC/ETH Movements: Moderate correlation (0.42β0.65).
Current PEPE Price & Data
- Price Range: $0.000001 β $0.000009.
- ATH: $0.00000923.
- Trusted Platforms: Bybit updates every 10 seconds.
Buying PEPE on Bybit: Step-by-Step
- Sign Up: <5-minute process.
- Deposit Funds: Min. $10 via USDT or credit card.
- Trade: 0.1% fees, 30+ analytical tools.
π Start trading PEPE
Risks & Considerations
- High Volatility: 80% weekly swings possible.
- Speculative Nature: Lacks intrinsic utility.
- Community-Driven: 10K+ daily social mentions fuel hype.
FAQ
Q: Is PEPE Coin a good investment?
A: Itβs high-risk but popular for diversification (3β7% of portfolios).
Q: How does PEPE compare to Dogecoin?
A: PEPE has stronger Ethereum integration but similar meme-driven volatility.
Q: Where to store PEPE safely?
A: Use ERC-20-compatible wallets like MetaMask.
Trading Strategies
- DCA Approach: $25β50 weekly buys reduce volatility impact.
- Rebalancing: Combine PEPE (40%), DOGE (30%), SHIB (20%).
- Technical Indicators: RSI, MACD, Bollinger Bands show 67% accuracy.
Conclusion
PEPE Coin exemplifies memecoin culture with active trading potential. Its community and scarcity mechanics make it a unique crypto asset. For secure trading, Bybit offers robust tools and liquidity.
Remember: Never invest more than 5% of your portfolio in high-risk assets.