Overview
Pepe (PEPE) has emerged as a notable cryptocurrency, with its price and market capitalization reflecting significant volatility. This analysis delves into its recent performance, comparative metrics with top cryptocurrencies, and key supply dynamics.
Recent Price and Market Cap Trends
- 7-Day Price Range: PEPE fluctuated between $0.00019117** and **$0.00515472, demonstrating high volatility typical of meme coins.
- 7-Day Market Cap Range: $3.88B–$5.50B, underscoring its growing influence in the crypto market.
👉 Discover how PEPE stacks against Bitcoin and Ethereum
Comparative Analysis with Top Cryptocurrencies
| Metric | PEPE Value | Compared Asset | Market Cap of Asset | Multiplier |
|---|---|---|---|---|
| Price | $0.00515472 | BTC | $2.17T | 530.32x |
| Price | $0.00073249 | ETH | $307.99B | 75.36x |
| Price | $0.00031354 | XRP | $131.84B | 32.26x |
| Price | $0.00022846 | BNB | $96.06B | 23.50x |
| Price | $0.00019117 | SOL | $80.38B | 19.67x |
Hypothetical Scenario: If PEPE achieved the market cap of Bitcoin, its price would surge 530x.
Market Cap and Supply Metrics
- Current Market Cap: $4.09B
- Fully Diluted Market Cap: $4.09B (minimal difference indicates low future supply inflation).
- Circulating Supply: 420.47T PEPE (99.95% of total supply already circulating).
- Total Supply: 420.69T PEPE, highlighting its fixed supply model.
👉 Explore meme coins with high growth potential
FAQs
Q1: Why is PEPE’s price so volatile?
A1: Meme coins like PEPE often lack intrinsic utility, making them highly sensitive to market sentiment and social media trends.
Q2: How does PEPE’s supply affect its price?
A2: With 99.95% of its total supply already circulating, PEPE avoids inflationary pressure, potentially stabilizing long-term value.
Q3: Could PEPE ever match Bitcoin’s market cap?
A3: While theoretically possible, PEPE’s meme status and lack of institutional adoption make this unlikely without fundamental shifts.
Key Takeaways
- PEPE’s price volatility offers high-risk, high-reward opportunities.
- Its near-max circulating supply limits inflationary risks.
- Comparative metrics highlight PEPE’s speculative nature versus established assets like BTC and ETH.
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