Introduction to Pepe (PEPE) Token
Pepe (PEPE) is a memecoin project based on the Ethereum blockchain, with its core concept paying homage to the widely popular "Pepe the Frog" internet meme. Unlike many cryptocurrencies, PEPE explicitly states that it has no intrinsic value, offers no expectation of financial returns, and lacks an official development team or roadmap, primarily serving entertainment purposes. Its transaction mechanism is designed with zero taxes and is described as a deflationary asset.
Total Supply and Circulating Supply
According to public information, the total supply and maximum supply of Pepe (PEPE) are both set at approximately 420.69 trillion PEPE. Notably, PEPE's circulating supply is very close to its total supply, with most data sources indicating that the circulating supply is almost 100% of the total supply, suggesting that the vast majority of tokens have entered market circulation.
Recent Market Dynamics and Controversies
As a memecoin, PEPE's market performance is highly influenced by community sentiment and the broader market environment, leading to high volatility. In January 2026, PEPE experienced a significant price surge as part of a memecoin rebound wave. However, the project has also been accompanied by some controversies and security incidents:
- Team Theft Allegations: Reports indicated that former PEPE team members were accused of stealing approximately 16 trillion tokens from a multi-signature wallet, raising community concerns about project transparency and security.
- Official Website Security Incident: In December 2025, Pepe coin's official website was found to be exploited, redirecting users to malware, prompting users to exercise caution when visiting related websites.
- Token Distribution Questions: In December 2025, blockchain analytics firm Bubblemaps questioned the control of 30% of PEPE's genesis supply by a single entity, sparking discussions about fair token distribution.
- Notable Investor Activity: In April 2026, well-known NFT investor Steve Aoki sold his PEPE token holdings.
Market Performance Overview
As of September 29, 2026, PEPE's market data is as follows:
- Price: PEPE's price ranges from approximately $0.000004187 to $0.00000438.
- Market Cap: PEPE's market capitalization is approximately $1.72 billion to $1.84 billion.
- 24-Hour Trading Volume: PEPE's 24-hour trading volume is approximately $333 million to $346 million.
- All-Time High: PEPE reached its all-time high of $0.00002829 on December 9, 2024.
PEPE Trading Channels
PEPE tokens can be traded on multiple major cryptocurrency exchanges. Users can buy and sell on platforms that support the token. Currently, platforms supporting PEPE trading include:
- Binance
- OKX
- Bybit
- KuCoin
- Gate
- LBank
- Poloniex
- WhiteBIT
- FameEX
- BloFin
- BTCC
- Toobit
- BitDelta
- XT.COM
- OrangeX
Users are advised to verify platform information before trading and be aware of the high volatility risks associated with memecoins.
The platform information for sale in this article changes with the listing and delisting dynamics of various exchanges. Please refer to the official announcements of the exchanges.
