Purchasing PEPE Coin in Five Effortless Steps Explained
Pepe Coin, inspired by the popular internet character Pepe the Frog, has made a significant leap in the cryptocurrency world. Launched in April-May 2023 as a pure meme coin with no utility and a very low initial price of around $0.000000001, it has since transformed into a major meme coin market contender.
By mid-2025, Pepe Coin has experienced an extraordinary price surge exceeding 270,000%, creating new meme coin millionaires. Its market capitalization reached several billion dollars, making it one of the top meme assets globally and placing it roughly in the top 30 cryptocurrencies by market cap. The token remains a deflationary ERC-20 on Ethereum with no transaction taxes, and its supply has been gradually reduced by ongoing burns.
Availability and Purchase
Pepe Coin is now available for funding and trading on Kraken, although it is not available for trading in Canada and the United States. While it is not directly available on Coinbase, it can be purchased on the Coinbase Wallet by buying Ethereum (ETH) and swapping it for Pepe within the app or extension. Pepe Coin can also be bought on various marketplaces such as Binance, OKX, Huobi Global, and KuCoin. It can also be purchased on Trust Wallet by accessing the Marketplace, searching for Pepe (PEPE), and following the instructions to complete the transaction.
Storage and Security
Pepe Coin can be bought and stored in a MetaMask Wallet, utilizing it as a secure storage and transaction platform for this ERC-20 token on the Ethereum network. It is also available on Uniswap, with the trading pair Pepe-Ether represented by the symbol PEPE-ETH.
Market Performance
Pepe Coin surged in popularity in 2023, reaching a market cap exceeding $1 billion within two weeks of its launch and currently hovering around $600 million. It reached an all-time high of $0.00000431 on May 5th, 2023, and currently trades at around $0.0000006699 as of October 2023. The recent price increase might signify a revival after months of sideways movement, making Pepe Coin a candidate for future price jumps.
Challenging the Established Meme Tokens
Pepe Coin aims to challenge established meme tokens like Shiba Inu (SHIB) and Dogecoin (DOGE). Despite its lack of intrinsic value, Pepe Coin's appeal lies in its entertainment factor and potential to disrupt and compete in the dynamic cryptocurrency landscape.
Caution for Investors
However, investors should conduct thorough research and be aware of the associated risks before considering any investment in meme tokens like Pepe Coin. Crypto Twitter and FOMO (Fear of Missing Out) play significant roles in influencing the price of Pepe Coin. Pepe Coin's deflationary tokenomics and the absence of buying or selling taxes distinguish it from other projects, attracting investors looking to avoid additional transaction fees.
In summary, Pepe Coin has transformed from a nearly worthless meme token at launch into a major meme coin market contender by mid-2025, demonstrating the powerful influence of internet culture and community-driven hype on cryptocurrency valuations.
Price prediction for Pepe Coin indicates continued potential, with the meme coin having experienced a surge of over 270,000% by mid-2025. This growth placed Pepe Coin in the top 30 cryptocurrencies by market cap, reaching market capitalization values of several billion dollars. Cryptocurrency investors looking to diversify their portfolio may consider Pepe Coin, given its availability on several popular exchanges, including Kraken, Binance, OKX, Huobi Global, KuCoin, and Trust Wallet. However, it's essential to exercise caution, as with all investments, and conduct thorough research before making any decisions.
