pepe

🐸 What Is Pepe Coin?

Pepe (PEPE) is a meme cryptocurrency launched in April 2023 on the Ethereum blockchain. It is inspired by the internet meme character Pepe the Frog, which became popular in the mid-2000s.

Unlike major cryptocurrencies such as Bitcoin or Ethereum, PEPE was created mainly for community engagement, internet culture, and speculation, not for solving a specific technical problem.

📜 Background & Origin
Launched: April 2023
Blockchain: Ethereum (ERC-20 token)
Creators: Anonymous team
Inspired by: The Pepe the Frog meme
The coin was launched during the meme coin trend that followed the success of coins like Dogecoin and Shiba Inu.
It quickly gained popularity due to:
Strong meme culture support
Viral marketing on social media (especially Twitter/X)
Large speculative trading interest

🏗️ Base & Technical Structure
Network: Ethereum
Token Type: ERC-20
Supply: Extremely large total supply (hundreds of trillions of tokens)
Utility: Primarily speculative and community-driven (no major built-in utility)
Because it runs on Ethereum:
It can be stored in wallets like MetaMask.
It can be traded on decentralized exchanges (DEXs).
It benefits from Ethereum’s security and infrastructure.

🎯 Purpose of PEPE
PEPE does not claim to be a utility token with advanced technology. Its purpose is mainly:
Community building
Meme culture
High-risk trading opportunity
Internet trend participation
This makes it a high-volatility asset.

⚠️ Important Note
PEPE is:
Highly speculative
Influenced by social media hype
Sensitive to crypto market trends
Its value depends largely on market sentiment, not fundamentals.
#pepe #PEPEATH #PEPEUSDT

Pepe price reclaims structure as bullish engulfing candles signal reversal.
Pepe price has reclaimed key high-timeframe support after a deviation lower, with a strong bullish engulfing candle breaking bearish structure and signaling a potential bottoming process.

$PEPE
pepe
-1.75%
Pepe price action is showing early signs of structural recovery after a sharp deviation below a major high-timeframe support level. What initially appeared to be a breakdown has now been invalidated, as price quickly reclaimed the lost level with a decisive bullish engulfing candle.
This type of price behavior often signals exhaustion in selling pressure rather than the start of a sustained bearish continuation. Deviation-and-reclaim patterns are important inflection points in technical analysis, particularly when they occur at high-timeframe support.
In $PEPE ’s case, the reclaim has also disrupted the prevailing bearish market structure, raising the probability that a local or even macro bottom could be forming.

Pepe price key technical points
PEPE’s recent move below high-timeframe support can be classified as a deviation, where price briefly trades below a key level to trigger stop-losses and capture liquidity before reversing sharply higher. This behavior is commonly seen near market bottoms, as weak hands are flushed out before stronger participants step in.
Rather than finding acceptance below support, PEPE quickly reclaimed the level, indicating that sellers were unable to sustain control. The speed of the reclaim is significant, as prolonged trading below support would have suggested genuine bearish continuation. #pepe

#PEPE 🐸
Pepe (PEPE) is a meme coin launched on the Ethereum blockchain in April 2023, inspired by the well-known “Pepe the Frog” internet meme. Unlike utility-focused cryptocurrencies, PEPE has no formal product or development roadmap — its value is driven mainly by community interest, social media buzz, and speculative trading, similar to other meme coins like Dogecoin and Shiba Inu. �
Wikipedia
📊 Market Snapshot
Price: Around $0.0000044 per PEPE. �
CoinMarketCap
Market Cap: Approximately $1.8 billion — making it one of the larger meme coins by capitalization. �
CoinMarketCap
All-Time High: ~$0.000028 (Dec 2024). �
CoinGecko
Volatility: Like most memecoins, PEPE shows high price volatility, with sharp rises during hype and large pullbacks in calmer market conditions.
📈 Strengths
Strengths
Strong community interest and social media presence often drive trading volume and spikes.
Sometimes ranks among the top memecoins by volume and participation.