Pepe the Frog, probably the most popular meme of the early 2000s, has been revived—this time, in the form of cryptocurrency. Developed by Matt Furie, and now the face of a new deflationary meme coin called PEPE. The cryptocurrency, created on Ethereum’s ERC-20 protocol, is still popular among users and has attracted many followers and fans of funny images.
From Meme to PEPE Coin
PEPE Coin is named after the Pepe the Frog meme and based on the principles of simplicity, openness and community. The project has made it clear that it is not here to give the world a miracle. The project does not seek to transform into a new project but rather remain as a meme coin. The objectives are divided into three distinct phases:
- Phase 1: Meme
- Phase 2: Vibe and HODL
- Phase 3: Meme Takeover
According to its vision, PEPE is more philosophical and entertaining, which will attract those individuals searching for some entertaining crypto. While most other cryptocurrencies brag about their prospects, coin is all about its people and meme phenomenon.
PEPE is another deflationary meme coin that exist in the market. This means that it has a constant supply, which is topped at 420.69 trillion tokens. Since there are not many tokens being circulated in the market, the price is more or less dependent on the market. On paper, the more people acquire and store the token, the more expensive it becomes.
As for most other cryptocurrencies, the value of PEPE depends on the overall mood of the market. If the interest is not continued, the price of the token will decrease. When more people come in, it costs more. This leads to a very fluctuating market with price fluctuations at irregular intervals.
The Highs and Lows of PEPE’s Price
PEPE Coin entered the limelight in November 2024 when it reached an all-time high (ATH) of $0.00002524. However, after ATH, PEPE value free fell and was down by approximately 22%. This is normal for meme coins because people buy a coin when it rises and then sell it in order to gain profit.
At the time of writing this, PEPE is at $0.00002021. It stands among the top 30 cryptocurrencies with a market capitalization of $8.52 billion. However, owing to fluctuations, this position is not definite. The coin prices fluctuate from one day to another.
Currently, the coin has bearish signals according to the technical analysis. The Chaikin Money Flow which gauges the imbalance between buying and selling pressure is almost at the zero level. This suggests more of selling pressure than buying pressure which mean the momentum is not strong. The MACD indicator also also reveals a bearish crossover. The MACD line is below the signal line which therefore suggests that downward pressure is currently being build up.
PEPE Price Prediction 2024
In the future, if overall market situation becomes favorable price may rise again. The token trades within the Fibonacci retracement areas of 38.20% and 50%. This indicates a period of consolidation, where there is no clear direction as yet. Nonetheless, in case the demand rebounds, coin may surge towards the 61.80% Fibonacci level and touch $0.00003596 by the end of the year.
Meanwhile, if the bullish trend is to be negated, the price of memecoin could be expected to face support at $0.00001594, the likely low monthly price. A strong bounce from here could take the token back towards its previous highs, but that is far from certain.
PEPE Price Prediction 2025
According to the CoinCodex analysis in 2025, the token is expected to trade between $0.00003456 and $0.00009625. The average price for the year could be $0.00005526 to a certain extent. This would be a relatively high increase compared to the present levels provided that the token gains increased attention in the market.
PEPE Price Prediction 2030
Long-term future of the price of token might see it trade at as high as $0.00007850 by January of 2030. However, this optimistic scenario also envisions a drop to as low as $0.00005187 later in the year. The cost per coin is anticipated to be $0.00006597 in total, which is still cheaper than the current price per coin of $0.00002021.
Year | Min. Price | Avg. Price | Max. Price | Potential ROI |
2024 | $ 0.00002018 | $ 0.053269 | $ 0.00006914 | 243.23% |
2025 | $ 0.00003456 | $ 0.00005526 | $ 0.00009625 | 377.27% |
2030 | $ 0.00005187 | $ 0.00006597 | $ 0.00007850 | 288.61% |
Competition in the Meme Coin Market
PEPE’s main competition comes from the two largest meme coins on the market: Dogecoin (DOGE) and Shiba Inu (SHIB). Each of the two coins has gained a considerable number of supporters and has a high market capitalization. Although token has found its niche in the meme coin market, it has to keep up the difference from these competitors for it to remain relevant.
Conclusion
PEPE Coin is one of the new entrants in the market which is capitalized on the meme coin trend. Its future is not clear and it has been experiencing quick price appreciation and neighborhood backing. Like most meme coins, the value of coin is also determined by the market sentiments. The community will be vital in the push and pull to ensure that the uptake and sustainablity is achieved. In the future, the token will only remain successful if the team behind the project will be able to retain their audience in the ever-changing market. But that is still not the end of the rollercoaster ride.
FAQS
What is PEPE Coin?
The coin is a deflationary meme token which is also known as a cryptocurrency, designed on the basis of the meme named ‘Pepe the Frog’, and coin is hosted on Ethereum’s ERC-20.
What makes PEPE unique?
Token is, therefore, sticking to the meme coin ethos of simplicity, openness, and involvement of the community.
How is PEPE’s price determined?
The price of coin is influenced by the market given that the total number of tokens that will ever be in circulation is 420.69 trillion.
What are the phases of PEPE roadmap?
PEPE’s roadmap includes three phases: There is Meme, Vibe, and HODL, and Meme Takeover.
Is PEPE a good investment?
The price of token is very much a function of market sentiment and therefore investing in it comes with a lot of risk.
What’s the future of PEPE Coin?
The future of token lies in the community and the markets and will only be determined by the continued engagement of the community and the market.
Where can I buy PEPE?
The token can be purchased on both decentralized and centralized exchanges that accept ERC20 tokens.
Why did PEPE’s price drop?
The price of coin reached an all-time high before the price declined as early investors sold their tokens.