Pepe
About Pepe
Pepe is a deflationary memecoin launched over the Ethereum network, intending to leverage the popularity of other memecoins such as Shiba Inu and Dogecoin. As a token, its core strength lies in its no-tax policy, acknowledging quite openly its pure and simple nature. Its rise brought about a 'memecoin season' sparking the launch and growth of other joke coins. The roadmap of Pepe includes listing on CoinMarketCap and making the $Pepe trend on Twitter.
In the last hour, Pepe's price has seen a change of +1.38%, and over the past 24 hours, its price has moved by -1.71%. Over the previous week, Pepe's price has moved by +42.46%. The current price of Pepe is BHD 0.000001847, accompanied by a trading volume of 430.1M in the last day. Pepe's price is currently 82.66% below its all-time high of BHD 0.00001065, which remains the highest price Pepe has achieved since its launch. The circulating supply of Pepe stands at 413.8T, translating to a total market capitalization of 764.4M.
Market stats
Frequently asked questions
What is Pepe Coin?
Pepe Coin (PEPE), inspired by the satirical meme “Pepe the Frog,” is a meme coin that aims to outperform other cryptocurrencies such as Dogecoin and Shiba Inu. It is an ERC-20 token built on the Ethereum blockchain. Pepe Coin features a deflationary mechanism whereby each transaction burns a small percentage of the tokens, reducing the total supply over time. This, in turn, increases the coin’s value and makes it more attractive. Additionally, Pepe Coin has a redistribution system where a portion of each transaction is distributed to existing token holders. The Pepe Coin team focuses on community engagement and development, and actively communicates with users via social media.
How does Pepe Coin work?
Pepe Coin was originally developed and designed to rely on a deflationary mechanism that burns a small percentage of tokens with every transaction. The goal was to create scarcity, thereby increasing the value of the remaining tokens over time. At launch, the project team also implemented a redistribution system that distributes a portion of each transaction to existing token holders. The aim of this feature was to boost user engagement and encourage long-term investments.
How do you buy PEPE on the Rain platform?
Buying PEPE on Rain can be done in a few simple steps:
- Make sure you have funds in your fiat account or your card is added in the payment methods section.
- Select the cryptocurrency you want to buy from the home or portfolio page.
- Click Trade and choose Buy.
- Enter the amount you wish to buy in your preferred fiat currency.
- Select your payment method, either by selecting your card or using the funds in your fiat account.
- Click Next to review your transaction details.
- Click Buy Now to complete the purchase.
PEPE will be added to your wallet once the trade is executed. At Rain, we use cold storage to keep the majority of our customers’ assets offline.
Rain is licensed by the Central Bank of Bahrain (CBB) and the Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FSRA). This provides customers with a regulated framework for trading digital assets in the region.
Risks and considerations
Before buying PEPE, it is important to understand the associated risks:
• Lack of use case risk: the interest in the token is purely speculative, with no real use case or project behind it.
• Governance and regulatory risks: the value of the coin may be affected by legislation and regulation.
• Security risks: you must protect your account with a strong password and two-factor authentication, and choose an appropriate storage method after researching it thoroughly.
• Price volatility risks: the coin may be subject to sharp price fluctuations, particularly as it is a meme (meme coin).
• Competition risks: the presence of competitors from other meme coins.
You should not buy PEPE based solely on price expectations. Instead, you should study the whitepaper, the coin’s use cases, the project’s vision, and your risk tolerance before making any decision.
What are the uses of PEPE?
PEPE does not serve a core function, its trading relies entirely on media hype and price speculation.
Is PEPE a high-risk investment?
Yes, because it relies primarily on being a purely speculative coin with no underlying purpose or project.
Can PEPE tokens be mined?
No, PEPE tokens cannot be mined because they are ERC-20 tokens built on the Ethereum blockchain.
What is Pepe in the cryptocurrency industry?
Pepe is a unique cryptocurrency that stands out for its innovative approach to combining blockchain technology with digital assets. Pepe offers users a secure, decentralized, and efficient way to transact value globally, making it a popular choice among crypto enthusiasts.
How does Pepe differ from other cryptocurrencies?
Pepe distinguishes itself from other cryptocurrencies by its focus on user privacy and security features. With a strong emphasis on decentralization and community governance, Pepe provides its users with a reliable and transparent platform for conducting transactions and interacting with digital assets.
What are the key benefits of using Pepe?
Using Pepe comes with several advantages, including fast transaction speeds, low fees, and enhanced security features. Pepe's decentralized nature means that users have full control over their funds without relying on third parties, providing a sense of financial autonomy and privacy.
How to invest in Pepe?
Rain offers you a number of ways to start investing in Pepe, including buying Pepe through bank transfers or by using your bank card. To purchase Pepe on Rain, you can select Pepe in your Rain account, then click Trade and select Buy. Enter the amount you wish to buy and click Next to review and confirm your purchase.
How to buy Pepe with card?
Once you add your bank card to your Rain account, you can use it to buy Pepe directly. You can start by adding your card to your payment options on your Rain account. To purchase Pepe using your bank card, you can select Pepe, click Trade then select Buy. Enter the amount you wish to buy and choose your card from the payment options. Click Next to review and complete your purchase by following the instructions on the screen.
note: The purchase option with debit or credit card is not available for our users in Turkey
How to buy Pepe through bank deposit?
Rain enables you to buy Pepe using your local currency. You can deposit funds through bank transfer, a process which takes 1-4 business days depending on your location. You can start by depositing funds to your Rain account from your bank account. Simply click on Deposit and enter the amount you would like to transfer. Click next and copy the instructions that will appear on your screen to complete the transfer from your bank account. Note that Rain does not automatically pull funds from your bank account and you will need to manually transfer the funds from your bank account to Rain's banking information.
Within 1-4 business days, the funds will be available in your Rain account and you will be able to use them to complete purchasing Pepe. To do that, you can select Pepe in your Rain account, click Trade and select Buy. Enter the amount you wish to buy with and click Next to review and confirm your purchase.
How to sell Pepe?
This is an easy process that requires only a few clicks. Here are the steps needed to sell Pepe successfully:
On your Rain account, select Pepe then click Trade and select Sell. Enter the amount you wish to sell and click Next to review and confirm your sell transaction by entering an OTP. You will receive a confirmation email once the transaction is done with the details.
How to convert Pepe into cash?
Rain gives you the opportunity to sell Pepe and withdraw your funds from your Rain account to your local bank account. First, you need to add your personal bank account to your Payment Methods option on your Profile.
Once your bank account is added, you can sell Pepe and withdraw the funds to your bank account by clicking on Withdraw and entering the amount you wish to withdraw. Click Next to review and confirm your withdrawal information by entering an OTP.
Once the withdrawal request is submitted, you will receive a confirmation email that the withdrawal is being processed. Processing your withdrawal request can take between 1-4 business days.
How to receive Pepe?
If you would like to receive Pepe in your Rain account, simply click on Receive and select Pepe from the list at the top of the page. You can then either copy the address visible at the botom of the screen or share the QR code to to complete your receive transaction.
Make sure that you are using the correct network when receiving Pepe to avoid possible loss of funds.
How to send Pepe?
You can easily send your Pepe from your Rain account to any external wallet by clicking on Send and selecting Pepe from the list at the top of the page. Enter the amount you wish to send and add the external wallet address you are sending to. Click Next to review and confirm your send transaction by entering an OTP.
Why buy Pepe with Rain?
When you buy Pepe with Rain, you ensure that your assets are going to be safely stored on a regulated platform that follows strict compliance standards and is subject to periodic audits. Rain also uses bank-grade security measures like Cold Storage systems. Trading and storing Pepe on Rain also means that your asset is going to be stored on 1:1 basis, which means your assets will always be available to you.
What is a Pepe wallet?
A Pepe wallet is where you can securely store Pepe. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a Pepe address?
A Pepe address is a string of unique characters that is tied to your Pepe wallet. The address functions just like a bank account number and it is what you use in order to send Pepe from your wallet, or to receive Pepe to your wallet.
What trading pairs available for Pepe?
There are over 200 currency pairs available on Rain for you to trade with. You can trade Pepe with Bahraini dinar, Kuwaiti dinar, Emirati dirham, Omani rial or US dollar, depending on your location. Additionally, you can swap Pepe with 200 other assets like BTC, LTC, XRP, ETH. You can explore your options by visiting the market page on your Rain account: https://www.rain.com/market
What is the minimum order size to buy Pepe?
You can trade Pepe with any amount above $30 or equivalent in your account's currency. You can start trading Pepe now by clicking the Trade button on your Rain account.
What are the most popular cryptocurrencies besides Pepe?
Besides Pepe, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What blockchain is Pepe built on?
Pepe is built on the ETH blockchain. This determines how transactions are verified, fees are structured, and how compatible it is with wallets and other decentralized applications (dApps).
How do I keep my Pepe safe?
To keep your Pepe safe, make sure to use trusted wallets that support ETH. Enable two-factor authentication (2FA), store long-term assets in cold wallets, and never share your private keys with anyone. You can always refer to our Security & Policies section for more tips.
What will the price of Pepe be in next 5 years?
Price predictions for Pepe over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading Pepe taxable?
Trading Pepe may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is Pepe's ATH?
Pepe’s all-time high (ATH) was BHD 0.00001065 on 09 Dec 2024. This represents the highest recorded market price of the asset to date.
What is the market cap of Pepe?
With a market capitalization of 764.4M, Pepe is ranked 44 among other crypto assets.
What is the all-time high of Pepe?
The highest valuation of Pepe since its launch was at BHD 0.00001065, marking its all-time high.
What is the 24-hour trading volume of Pepe?
The trading activity of Pepe over the last 24 hours was at 430.1M, highlighting its liquidity in the market.
How many Pepe are there in circulation?
There are approximately 413.8T units of Pepe currently in circulation, affecting its market dynamics.
What is the relative popularity of Pepe?
Pepe market cap is around 764.4M.
When was Pepe created?
Pepe was introduced on 14 Apr 2023.
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