Launched in April 2023, Pepe quickly rose to fame as one of the most popular meme coins in the crypto world, rivaling giants like Dogecoin (DOGE) and Shiba Inu (SHIB). At the time of writing, Pepe ranks 30th by market capitalization among thousands of cryptocurrencies.
For investors, understanding Pepe’s token supply—including its fixed circulation and burn mechanisms—is crucial for making informed decisions. This article explores Pepe’s total supply, its impact on price trends, and how it compares to other meme coins.
What Is Pepe Coin?
Pepe Coin draws inspiration from the iconic “Pepe the Frog” meme, joining the ranks of top-tier meme coins like DOGE, SHIB, and WIF. Unlike traditional cryptocurrencies with tangible use cases, Pepe thrives on social media virality, community engagement, and a loyal holder base.
Since its launch, Pepe has surged by 2,600%, hitting an all-time high of $0.00001730. Currently trading at $0.00001023, it remains just 68% below its peak.
👉 Discover the latest Pepe price trends
Pepe Coin Total Supply
Pepe launched with a fixed supply of 420.69 trillion tokens, with no additional minting planned. This scarcity-driven model prevents inflationary pressure, making price movements more dependent on market demand rather than supply dilution.
To further boost demand, the Pepe team periodically burns tokens. For example, on October 24, 2023, 6.9 trillion tokens were burned, triggering a 20% price surge.
Why Pepe’s Supply Matters for Investors
Supply and demand dynamics are critical in crypto investments. Pepe’s fixed supply and deflationary burns create scarcity, which can drive long-term value if market sentiment remains positive. Key advantages include:
- No inflation risk: No new tokens are minted.
- Controlled burns: Periodic reductions increase scarcity.
- Strong demand: Community-driven hype sustains interest.
👉 Learn how token burns impact crypto prices
Pepe vs. Other Meme Coins: Supply Comparison
Meme coins rely heavily on community support, but their supply mechanisms determine long-term viability. Here’s how Pepe stacks up against DOGE and SHIB:
Pepe vs. Dogecoin (DOGE)
| Metric | Pepe | Dogecoin |
|---|---|---|
| Supply | 420.69T (fixed) | 146.38B (unfixed) |
| Model | Deflationary | Inflationary |
Unlike Pepe, Dogecoin has no supply cap, meaning new tokens can be minted indefinitely—a potential downside for price appreciation.
Pepe vs. Shiba Inu (SHIB)
| Metric | Pepe | Shiba Inu |
|---|---|---|
| Supply | 420.69T (fixed) | 999.98T (fixed) |
| Burns | Periodic | Active |
While SHIB also has a fixed supply, its total tokens are 2.3x higher than Pepe’s, potentially diluting long-term demand.
FAQs About Pepe Coin
How many Pepe coins were initially released?
Pepe launched with 420.69 trillion tokens, a fixed supply with no future minting. A portion was allocated for exchange liquidity.
How many Pepe coins are burned daily?
Pepe has no fixed burn schedule, but the team executes burns periodically (e.g., 6.9 trillion tokens in October 2023).
Is Pepe a good investment?
It depends on risk tolerance and market trends. Meme coins are highly volatile; always research before investing.
Can Pepe’s supply ever increase?
No. The 420.69T supply is permanently fixed.
How does Pepe’s supply affect its price?
Scarcity from burns + fixed supply can drive demand, but market sentiment remains the primary price driver.
What’s Pepe’s max supply?
420.69 trillion—no more, no less.
By understanding Pepe’s supply mechanics, investors can better gauge its potential in the ever-evolving crypto landscape. For real-time updates, follow trusted market analyses and community discussions.