What Is PEPE?What Makes PEPE Unique?How Many PEPE Coins Are There in Circulation?pepe coin price prediction 2025
What Is PEPE?
PEPE is a deflationary memecoin launched on Ethereum. The cryptocurrency was created as a tribute to the Pepe the Frog internet meme, created by Matt Furie, which gained popularity in the early 2000s.
The project aims to capitalize on the popularity of meme coins, like Shiba Inu and Dogecoin, and strives to establish itself as one of the top meme-based cryptocurrencies. PEPE appeals to the cryptocurrency community by instituting a no-tax policy and being up-front about its lack of utility, keeping things pure and simple as a memecoin.
In late April to May 2023, the explosive surge of PEPE caused its market cap to reach a high of $1.6 billion at one point, minting millionaires out of early holders and attracting a strong community of like-minded followers. It has induced what some may dub a “memecoin season,” causing other memecoins — some launched within hours — to go on spectacular pumps and just as astounding dumps. It remains to be seen if PEPE and other memecoins will go on to new highs, although that is certainly the hope of many believers waiting for the coming BTC halving cycle praying for a Bull Run.
The PEPE roadmap features three phases, where phase one includes listing on CoinMarketCap, and getting $PEPE trending on Twitter, while phase two includes listing on centralized exchanges (CEXs) and phase three includes “tier 1” exchange listings and what the team terms a “meme takeover.”
What Makes PEPE Unique?
PEPE presents a unique offering within the meme coin market by building upon the legacy of Pepe the Frog, a character with a longstanding and controversial history. The project’s dedication to honoring this character distinguishes it from other cryptocurrencies and strengthens its appeal within the crypto community.
How Many PEPE Coins Are There in Circulation?
PEPE employs a redistribution system that rewards long-term stakers, offering them incentives to remain committed to the project. This approach encourages coin stability by rewarding users for holding the token rather than selling it quickly. Additionally, PEPE features a burning mechanism whereby a portion of the coins are permanently removed from circulation on a regular basis. This aims to maintain scarcity despite the coin’s 420,690,000,000,000 maximum supply.
Of the maximum supply, 93.1% were sent to the liquidity pool on Uniswap, where LP tokens were burnt, and the deployer contract was sent to a null address. The remaining 6.9% is held in a multi-sig wallet, for future CEX listings, bridges and liquidity pools. Users can track the PEPE/WETH pair on CMC DexScan.
Pepe price prediction sees the token to reach a potential high $0.00005315 in 2025.
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What is a hot wallet?
A hot wallet refers to a wallet where your private keys are accessible via the internet. Typically, hot wallets are hosted on servers, such as those used by cryptocurrency exchanges. The cryptocurrencies you hold on an exchange are actually stored in the exchange’s servers along with the wallet files and private keys. If the server is compromised or an insider acts maliciously, your assets could be stolen. Moreover, if the platform shuts down, your cryptocurrency may become inaccessible.
To protect your assets while using hot wallets, it is crucial to use different passwords for different platforms. Keep in mind that exchanges are high-risk targets, and many have been hacked in the past.
What is a decentralized wallet?
A decentralized wallet allows you to store your cryptocurrency offline. For example, wallets generated on platforms like MyIceWallet provide wallet files, private keys, and mnemonic phrases that are stored offline. You can save them on a USB drive, mobile device, or even write them down. The primary advantage of decentralized wallets is the highest level of security for your digital assets.
We strongly recommend using decentralized wallets.
MyIceWallet, a decentralized wallet, supports all tokens in the Ethereum ecosystem. Its wallet files and private keys can be directly imported into the official Ethereum client for transactions.
MyIceWallet Decentralized Wallet: https://myicewallet.com/
【Ensure you back up your wallet files and private keys securely. Create multiple backups on USB drives, and write down your private keys and mnemonic phrases on paper for safekeeping.】