Today's Pepe Coin Price: How many Rupiah is 1 PEPE?

Bittime - You must be familiar with the rapid development of the crypto world, and one of the tokens that is currently stealing attention is Pepe Coin (PEPE). Currently, the price of 1 PEPE is at $0.00002016, with daily price changes reaching 9.16% (1d). For investors who want to know more about the price and performance of Pepe Coin, here is the latest information that can help you understand the dynamics of this coin.

Latest Prices and Daily Price Changes

The price of Pepe Coin today shows quite significant numbers. 1 PEPE is valued at $0.00002016, which means that even though this coin is classified as having a low price, it is still showing positive growth. 

With an increase of 9.16% in the last 24 hours, Pepe Coin is in the spotlight of many investors and crypto market observers. This increase could be a strong indicator that many people are starting to look at the potential of Pepe Coin in the short and long term.

Also read: Pepe Coin: Its Advantages and Disadvantages

However, to make it easier for you to understand the PEPE price in Rupiah, let's convert the price. Using the exchange rate of 1 USD = 16,000 IDR (exchange rate may vary depending on market fluctuations), the price of 1 PEPE in Rupiah is:

1 PEPE = $0.00002016 x 16,000 IDR = 0.323 IDR

So, the current price of 1 PEPE is equivalent to approx 0.32 Rupiah.

Market Capitalization (Market Cap)

Market capitalization or market cap is an important indicator in assessing the overall value of a coin or token. For Pepe Coin, the market cap currently stands at $8.47 billion. These figures show how the popularity and demand for PEPE continues to increase. Apart from that, the large market cap also indicates the stability and long-term potential of this coin.

Trading Volume (24 Hours)

Trading volume in the last 24 hours for Pepe Coin was recorded at $3.4 billion, with an increase of 160.92%. This very high volume indicates high transaction activity in the market. This also indicates that many active investors are buying and selling PEPE, which could be a positive signal regarding liquidity and market interest in this coin.

Also read: $PEPE Price Prediction 2025: Can PEPE Reach $1?

FDV (Fully Diluted Valuation)

FDV or Fully Diluted Valuation is an estimate of the market value of a coin if the entire supply of tokens available on the market were in circulation. For Pepe Coin, its FDV is currently recorded at $8.43 billion. This figure is close to the market cap value, which shows that Pepe Coin has the potential to continue to grow along with increasing transaction volume and demand in the market.

Supply and Circulation Statistics

Pepe Coin has a total supply of 420.68 trillion PEPE, which is close to the maximum recorded supply of 420.69 trillion PEPE. This huge supply figure may seem worrying to some people, but in fact, this coin has a distribution system designed so that market demand can keep up with supply.

Circulating supply or the total supply in circulation currently reaches 420.68 trillion PEPE, almost the entire supply is available for trading. This figure shows that the market is quite open for transactions, and there is no stuck supply in the system.

What Makes Pepe Coin Interesting?

Pepe Coin (PEPE) is a meme coin inspired by the character Pepe the Frog, which has gone viral on the internet. Even though they are still relatively new in the crypto world, meme coins like PEPE often attract attention because of their huge viral potential, as well as loyal and active communities. These meme coins can experience significant price spikes due to social phenomena and the influence of a solid online community.

Apart from that, PEPE's affordable price also makes it attractive to many retail investors who want to try their luck with small capital. Despite its low price, with a large market cap and increasing trading volume, PEPE has the potential to provide huge profits for those who enter at the right time.

Conclusion

The price of Pepe Coin (PEPE) today stands at $0.00002016, which is equivalent to approximately 0.32 Rupiah. With a daily price increase of 9.16%, a market cap of $8.47 billion, and very high trading volume, Pepe Coin shows considerable potential in the crypto market.

However, as with other crypto investments, it is important for you to be careful and conduct in-depth research before deciding to buy or sell PEPE. Always consider risk factors and make sure you know when to enter and exit this volatile crypto market.

So, if you are considering investing in Pepe Coin, make sure you monitor price developments and changing market trends so you can make the right decision.

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FAQ About Pepe Coin

Is Pepe Coin a good investment?

Investment in Pepe Coin is highly speculative and carries high risk. Their value fluctuates greatly, so it is important to do your research before deciding to invest.

Who created Pepe Coin?

Pepe Coin was inspired by the Pepe the Frog meme and was launched in early 2023. Its development was popularized by a Twitter account now known as Zachary Testa.

What will happen to Pepe Coin in the future?

The future of Pepe Coin could be full of potential, depending on how the community and developers can utilize it beyond the meme coin. 

Reference

Coin Market Cap, Pepe Price, accessed December 29, 2024.

Author: MF