All the specifics of Pepe Coin tokenomics in a nutshell

Pepe Coin, with its symbol $PEPE, has emerged as one of the biggest meme coins in the crypto market, in part backed by its constant evolution via fresh projects emerging continuously. Pepe has gathered a lot of attention lately with its impressive market standing, backed by a strong community that’s grown in time.

The Pepecoin price is also a game-changer that positions it high in the ranks, especially among other well-established cryptos. With a market cap. of $26.597M generated since it first hit the stage in May 2023 and a daily trading volume of $868,213 at press time, it’s safe to say that the future is bright for $PEPE.

Are you ready to explore some of the most outstanding elements of Pepe Coin’s tokenomics and see how it stands out from the pack? 

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PEPE’s independent nature 

Pepe rejoiced over a favorable context in terms of growth potential when it first came out given the massive virality of the inspirational meme coin that facilitated the token’s marketing. By the time PEPE the crypto broke into the market, the meme Pepe the Frog was a deep-rooted symbol of the internet subculture. Having emerged as a uniquely trendy, progressively viral meme, the development had already had lots of support at the ground level before the world first saw the token hit the stage. 

The validation with which Pepe kicked it off was further augmented by a larger meme movement created by the GameStop craze four years ago. Pepe’s reasoning may have lied in pure humor, but its sustainability, popularity, and strong community support catapulted it to enduring fame.

The token doesn’t rely on influencers or money managers to secure its standing, as many other cryptos managed to do along the way. Nevertheless, Pepe is unique in that it needs no endorsement from high-profile figures or businesses, which is a breath of fresh air for investors who are sick of the usual underhand marketing strategies. Even more, some influencers’ reactions appeared to allude to a feeling of exclusion.

Total supply 

Pepe’s current circulating supply stands at 420.689TN, with its maximum supply capped at 420.69TN. Recent news pointed to a burning of $1BN worth of the token, obliterating the specific number of coins from circulation. Assuming PEPE begins the burning process, the remaining stock might see value appreciation. A similar scenario happened in 2023, when 6.9TN tokens were eliminated from circulation and generated a 20% value for the PEPE coin. 

At the debut time in April 2023, the crypto boasted a total supply of 420TN tokens. Its developing team then burned half of the existing stock, equating to approximately 210TN tokens, in order to enhance the asset’s economics, improve Pepe’s perceived scarcity, and generate valuable demand. 

Noteworthy, burns are strategic undertakings taken to handle the token’s supply, but this doesn’t impact the maximum supply stated in Pepe’s smart contract. The maximum supply is capped at 420TN, no matter how many tokens are burned along the way. The maximum limit represents a set figure that controls the total token amount that can be on the market for the project in question.

Liquidity pools 

Pepe is unique when it comes to token allocation thanks to its simplicity. 93.1% of the development’s tokens were in a liquidity pool when it first debuted, while the rest of the almost 7% got assigned to a multi-signature wallet for further use. Contrary to what one may believe, none of the influencers, venture capitalists, or even teammates received any token. 

As a quick refresher, Pepe Coin is developed on the Ethereum blockchain, as is Arbitrum, Polygon, Polkadot, and the list can go on. Ethereum is a go-to for blockchain and various other projects, such as Balancer and Uniswap, thanks to its prominence in the sector of smart contracts, decentralized finance, decentralized apps, and so on. One of the main reasons why PEPE’s devs chose Ethereum is the excellent level of decentralization and security it allows.  

Pepe Coin is famed for its high liquidity, which has translated to its presence on the biggest online crypto exchanges, and the potential to quickly buy PEPE coins or trade them for cash, augmenting its trading volumes. Nevertheless, it’s important to treat it cautiously when considering investments in it. This token still has a smaller market cap and limited liquidity compared to cash and its equivalents (time deposits, certificates of deposit, etc.), making it a risky investment.

Pepe’s milestones 

#PEPE rose to global prominence in no time after appearing on the stage, seeing its market cap. surpass $1BN only a few weeks after its debut. Its listing on massive crypto exchanges ranks among the key promoters of its popularity. The crypto’s reach exploded as these platforms brought about their enormous audiences, against which background PEPE’s trading volumes soared rapidly. 

The token’s status was later enhanced thanks to numerous high-profile profit-making stories, such as the one involving the investor who made a $79MN profit from a $82 investment in May 2024. Attention, though – these stories should be taken with a pinch of salt. Racking such profits is arguably impossible unless one has an edge, such as insider hints.  

The redistribution system

Pepe Coin’s redistribution strategy stands out in that all transactions are shared between existing token possessors. Theoretically, this system has the potential to sustain long-term investments since token possessors are rewarded only for owning tokens. At its core, this plan secures users’ interest in the venture. Some promotional strategies, such as Pepe’s revolutionary airdrop strategy, managed to bring early investors to the expanding table and develop a powerful community. 

How will you buy PEPE?

Suppose you’re considering investing in Pepe Coin, then you can choose one of the two most popular ways to do it. First, you can buy PEPE on a decentralized exchange (aka DEX) of choice if you’re into decentralized trading, seeing transactions occurring on the P2P marketplace directly from trader to trader. Secondly, you can opt for a reliable centralized exchange for their user-friendliness and robust regulations facilitating crypto buying, selling, and trading. These act as intermediaries between sellers and buyers, acting similarly to stock exchanges. Choose what fits your trading style and goals the most!