Since its April 2023 launch, Pepe Coin (PEPE) has skyrocketed to become a top-tier meme coin, rivaling giants like Dogecoin (DOGE) and Shiba Inu (SHIB). With a current market cap ranking of #30, PEPE’s unique tokenomics and supply dynamics play a critical role in its valuation.
This guide explores:
- The total supply of PEPE coins and circulating volume.
- How token burns impact scarcity and price.
- Comparisons with DOGE and SHIB supply models.
- Why PEPE’s deflationary mechanism attracts investors.
Let’s dive in!
Pepe Coin Explained
Inspired by the ‘Pepe the Frog’ meme, PEPE thrives on social media virality and a dedicated community. Unlike utility-driven cryptocurrencies, its value stems from:
- Cultural resonance and meme status.
- Loyal token holders fostering demand.
- Market sentiment and speculative trading.
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Price Performance:
- All-time high (ATH): $0.00001730 (~2600% surge post-launch).
- Current price (as of writing): $0.00001023 (68% below ATH).
Total Supply of Pepe Coins
PEPE launched with a fixed supply of 420.69 trillion tokens, with no additional minting planned. This cap ensures:
- Price stability (no inflation from new tokens).
- Scarcity-driven demand as burns reduce supply.
Token Burns: Deflation in Action
Periodic burns remove tokens from circulation:
- October 24, 2023: 6.9 trillion PEPE burned (~1.64% of total supply).
- Result: 20% price surge post-burn.
Current circulating supply: 420.69 trillion PEPE (equal to total supply).
Why Pepe’s Supply Matters to Investors
- Deflationary Model: Burns create artificial scarcity, boosting long-term value.
- Fixed Cap: Prevents inflationary dilution—unlike DOGE’s unlimited supply.
- Demand-Supply Balance: Lower supply + rising demand = potential price upside.
👉 Learn how token burns affect crypto investments
PEPE vs. Other Meme Coins: Supply Comparison
1. PEPE vs. DOGE
| Metric | PEPE | DOGE |
|--------------|----------------|------------------|
| Total Supply | 420.69T (fixed) | 146.38B (unlimited) |
| Model | Deflationary | Inflationary |
Key Takeaway: PEPE’s fixed supply may outperform DOGE’s inflationary model over time.
2. PEPE vs. SHIB
| Metric | PEPE | SHIB |
|--------------|----------------|------------------|
| Total Supply | 420.69T | 999.98T |
| Circulating Supply | 420.69T | 589.26T |
Key Takeaway: SHIB’s larger supply could hinder price growth compared to PEPE’s tighter cap.
FAQ: Pepe Coin Supply
1. Can the PEPE supply increase?
No—its 420.69 trillion cap is fixed. Only burns reduce supply.
2. How often does PEPE burn tokens?
Burns are periodic (e.g., 6.9T in October 2023). Follow official announcements for updates.
3. Is PEPE’s supply a good investment factor?
Yes. Its deflationary mechanism and community strength make it a standout meme coin.
4. How does PEPE’s supply compare to Bitcoin?
Bitcoin’s 21M cap is vastly smaller, but PEPE’s meme-driven demand creates different value dynamics.
5. Will PEPE reach DOGE’s market cap?
If adoption grows and burns continue, PEPE could challenge DOGE’s dominance.
Final Thoughts
PEPE’s 420.69 trillion fixed supply and strategic burns position it as a deflationary meme coin with long-term potential. While DOGE and SHIB dominate today, PEPE’s scarcity model could fuel its rise in the crypto rankings.
Pro Tip: Track PEPE’s burn events and community trends to gauge future price movements.
👉 Stay updated on PEPE’s latest burns and price action
### **Summary**
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