Pepe Coin: Tokenomics and the PEPE Network

Bittime - Pepe Coin ($PEPE) has established itself as one of the most prominent meme coins to hit the crypto world. Learn about Pepe Coin tokenomics, how it works, and its network in this article, come on!

Inspired by the legendary Pepe the Frog meme, this token prioritizes community-based growth. In a short time, Pepe Coin skyrocketed from a market capitalization of just $20 million to $9.5 billion in 2024. 

So, what makes Pepe Coin so interesting and how does its tokenomics and network support this extraordinary success? This article will discuss the details.

What is Pepe Coin?

Pepe Coin is a meme-based cryptocurrency inspired by Pepe the Frog. This is a character who was first introduced in comics by Matt Furie in 2005. 

While there is no direct connection to Furie, Pepe Coin has leveraged the appeal of this meme to build a very solid and loyal community.

Launched in 2023, Pepe Coin stands out thanks to its different approach compared to other memecoins. With no token pre-sales and no transaction taxes, PEPE focuses on transparency and fair access for everyone. 

During 2023 to 2024, the price of Pepe Coin experienced an incredible surge of up to 47,400%, proving its potential and attractiveness in the market.

Read also: $PEPE Prediction in 2025: Listing on Binance US, Coinbase, and Robinhood?

Pepe Coin Tokenomics Details

Source: Datawallet

Pepe Coin's tokenomics are designed to support sustainable and stable growth, provide incentives for token holders, and maintain market liquidity. Here are some of the main aspects of Pepe Coin's tokenomics structure:

1. Total Supply:

Pepe Coin has a total supply of 420.69 trillion tokens. This quantity creates a maintained shortage, despite the huge initial supply.

2. Liquidity Pools:

Approximately 93.1% of the total supply is allocated to locked liquidity pools to maintain market stability. This prevents market manipulation and ensures that PEPE prices remain smoothly tradeable.

3. Reserved Token:

A total of 6.9% of the supply is held in multi-signature wallets for use in centralized exchange listings, bridges, and other liquidity needs.

4. Deflation Mechanism:

Each transaction made with Pepe Coin involves burning a portion of tokens, which gradually reduces the total number of tokens in circulation. This supports scarcity and can increase the value of the token over time.

5. Redistribution:

A small portion of transaction fees is redistributed to token holders, providing incentives for long-term holders. This motivates investors to continue participating and supports the growth of the community.

This tokenomics structure allows Pepe Coin to maintain a balance between liquidity, scarcity, and incentives for its users. This is what will support the sustainability of the memecoin ecosystem.

Read also: PEPE Coin Is: Definition, History, and Everything You Need to Know

Pepe Coin Network

Pepe Coin operates on the Ethereum blockchain as an ERC-20 token, which ensures security and decentralization. However, apart from that, Pepe Coin also has several derivatives running on other blockchain networks, offering more choices for investors.

1. Based Pepe (Base Layer 2)

It is a derivative of Pepe Coin which was launched in Base, layer 2 of Coinbase. With a market cap of $55 million, Based Pepe offers an opportunity for investors looking to capitalize on this meme in a more affordable ecosystem.

2. Purple Pepe (Solana)

Purple Pepe is a token adapted for the Solana blockchain, providing the Solana community with the opportunity to get in on the Pepe Coin trend. 

This token still has a smaller market capitalization and limited liquidity, making it a risky investment.

3. PepeFork (Ethereum Mainnet)

It is an Ethereum based token that is taxed on every transaction. The tax was then transferred to Matt Furie, the original creator of Pepe the Frog, as a form of respect.

It is important to note that although there are several Pepe Coin derivatives, there is no official connection to the main Pepe Coin token existing on the Ethereum network.

Read also: Pepe (PEPE) Vs Dogecoin (DOGE): Comparison and Fight for the King of Meme Coins in 2025

Conclusion

Pepe Coin has proven that a meme can develop into a bigger phenomenon in the crypto world. With a strong tokenomics structure and an active community, Pepe Coin managed to attract the attention of many investors and create a tremendous market surge. 

Although many other meme coins have followed in its footsteps, this meme coin remains the leader in this category thanks to its community-based approach and innovative token design. 

FAQ About Pepe Coin

What is Pepe Coin?

Pepe Coin ($PEPE) is a meme-based cryptocurrency inspired by the popular Pepe the Frog meme. Launching in 2023, this token focuses on community-based growth and no transaction taxes.

Which network does Pepe Coin operate on?

Pepe Coin operates on top of the Ethereum blockchain as an ERC-20 token. Additionally, there are several Pepe Coin derivatives operating on other blockchains such as Solana and Coinbase's Base.

What are the risks associated with investing in Pepe Coin?

Like other memecoins, Pepe Coin is highly speculative and high risk. Prices can fluctuate drastically, so it is important to understand the potential losses before investing.

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Reference 

datawallet, What is Pepe Coin?, accessed December 30, 2024.

coinmarketcap, Pepe Coin Coinmarkercap, accessed December 30, 2024.

Author: Y