#PEPE
Pepe (PEPE) is an Ethereum-based meme coin inspired by the "Pepe the Frog" internet meme. Launched in April 2023, it quickly gained popularity, achieving a market capitalization exceeding $1 billion within three weeks.
As of December 28, 2024, PEPE is trading at approximately $0.000018 per token, with a 24-hour trading volume around $1.41 billion. It ranks #25 by market capitalization, totaling about $7.54 billion, with a circulating supply of 420.69 trillion tokens.
Market forecasts suggest potential growth for PEPE. One analysis predicts a 22.09% increase, reaching $0.000021 by December 27, 2024. Another projection estimates a price of $0.000024 by 2030, indicating a 5% increase.
However, it's important to note that PEPE lacks intrinsic value or utility, being primarily driven by community engagement and speculative trading. Investors should exercise caution, as the cryptocurrency market is highly volatile, and meme coins like PEPE can experience significant price fluctuations.