Instantly exchange pepe at the best price and with the lowest fees on StealthEX. Free from registration, fast, and limitless PEPE swaps. You can see for yourself how convenient it is.
Price (USD)$ 0.00
Circulating SupplyPEPE 420.69T
Volume (24h)$ 1.22024B
Market Cap$ 1.21216B
Low/High 24h$ 0.00 - $ 0.00
Change (24h)N$ AN
Memes have become inextricably linked to the Internet. They have existed since the early days of Web1 and will most likely continue to exist in the future. It's not surprising that they have entered the crypto industry. While most coins prioritize utility, meme coins prioritize virality due to the explosive nature of memes and how quickly they propagate. Meme coins, including Pepe Coin, lack significant utility beyond their meme status, similar to Shiba Inu and Dogecoin. However, the power of hype in the crypto market cannot be underestimated; they play a big role in investment decisions. Let’s take a look at one of the most well-known meme coins, PEPE coin, and the project itself.
Pepe the Frog was originally a cartoon character created by the cartoonist Matt Furie. Pepe made a debut in 2005 in Furie’s comic Boy’s Club. Pepe, who was characterized as a peaceful and good-natured frog, quickly became a popular internet meme and was widely shared across various social media platforms – it has also spawned chats and forums.
Pepe Coin ($PEPE) is a well-known meme coin that runs on the Ethereum network. Pepe Coin has swiftly become one of the top 50 traded cryptocurrencies since its public launch in April 2023. In contrast to the DOGE memecoin, which took nearly four years to reach $1 billion in market capitalization, Pepe Coin did so within three weeks after its inception. Despite the fact that the price of $PEPE has been exceedingly volatile since then, the number of individual holders has continuously increased. Elon Musk added to the hype around the coin by retweeting one of their memes.
The project wants to take advantage of how famous meme coins like Shiba Inu and Dogecoin are and become one of the best meme-based cryptocurrencies. PEPE is liked by the cryptocurrency community because it has no taxes, a system that rewards long-term investors, and a way to keep the number of PEPE coins low by burning them.
The official Pepe crypto website refers to the $PEPE coin as “the most memeable memecoin in existence. The dogs have had their day, it’s time for Pepe to take reign.” According to the website, Pepe Coin is exclusively for entertainment purposes; its coins have no intrinsic value and no financial return should be expected. However, over 100,000 investors have acquired $PEPE, and the memecoin has already been acknowledged by major exchanges such as Bybit, Gemini, Kraken, and Crypto.com.
Interestingly, the project’s website reveals that there is no established team behind the token, and the creators prefer to remain anonymous.
The total supply of PEPE tokens is 420,690,000,000. The remaining 6.9% are allocated to a multi-signature wallet for future use, while 93.1% are in the liquidity pool. Pepe Coin uses a deflationary mechanism. The redistribution system is a unique part of the PEPE coin. It rewards long-term stakers and gives users a reason to hold the token for longer periods of time. In this way, the project hopes to increase benefits for holders and improve the chances of long-term success.
Furthermore, it employs a redistribution scheme in which a percentage of each transaction is distributed to existing token holders in order to stimulate user involvement and long-term investments. PEPE stands out from other coins because there are no taxes on it. By not charging fees for transactions, the project can reach more people and get more people to use it.
The current market valuation of Pepe Coin is around $660 million, making it one of the biggest meme coins. However, when compared to leading meme coins such as Dogecoin and Shiba Inu, which have market capitalizations of $10 billion and $5 billion, respectively, Pepe Coin still has opportunity for growth.
The PEPE meme coin ecosystem is growing by the day. At the time of this writing on May 1st, around two weeks after its initial launch, by May 20th, the token already had a whopping 65K holders, accPEPEng to Etherescan.
The official roadmap for Pepecoin consists of three phases. First, Pepe creators were focused on launching the coin and promoting it through Twitter, along with listing it on CoinGecko and Coinmark. The second phase focuses on community partnerships and getting listed on Tier 1 centralized cryptocurrency exchanges (CEXes). The third phase is expected to establish a Pepe Academy, launch Pepe Tools, and promote Pepe merchandise.
How to get PEPE Coin? There are many exchanges where one can buy Pepe Coin (PEPE), and StealthEX is one of the safest options. This platform offers users to get PEPE with no extra fees and with the best floating and fixed rates. This cryptocurrency is always freely available for purchase via StealthEX. Just follow the guidelines below. Let’s imagine you want to exchange BTC for PEPE, that is, to use its Bitcoin to PEPE exchange. To make an exchange, you need to take a few simple steps.
First, you should choose Bitcoin in the left drop-down list. Then choose Pepe (PEPE) in the list of coins on the right.
After setting the pair it is necessary to enter the amount of BTC you want to exchange. Here you will see the estimated amount of PEPE Coin that you will receive after the exchange. Now, when everything is set, press the Start Exchange button and you will be taken to the next page.
In the second step, you need to provide the Pepe crypto recipient address. The recipient address must match the crypto you are going to receive. Remember to double-check the information you enter prior to the exchange as the transaction you make cannot be canceled.
As soon as you have carefully checked all the details, you can press the Next button and you will be redirected to the Confirmation page.
At first, you will see the address where you need to send your Bitcoin to continue the exchange. StealthEX will also provide you with the exchange ID. It will allow you to keep all the information about the swap. It is recommended to save your exchange ID or the link to your exchange.
After sending BTC coins to the shown address, the information on the Exchange page will be renewed automatically. The Exchange page has several statuses that will change during the time of the exchange.
Finally, you will be redirected to the Finish page. This shows that the exchange has been successfully made and you will receive crypto to the address provided. To be sure that PEPE crypto was sent to your wallet you can also use the Output hash shown on this page and check it in the blockchain list of transactions.
From here you can either create a new exchange on StealthEX or leave the page and check your PEPE wallet to be surprised at how fast you get PEPE sent to your address. Usually, the process is quite rapid so you won’t need to wait long: PEPE swaps are processed in a matter of minutes.
As you can see, exchanging PEPE via StealthEX is simple and effortless, and as this crypto project may see new developments in the future, $PEPE may become an attractive investment.
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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.