Pudgy Penguins Freezes Out Dogecoin and Pepe: Here's Why PENGU Took Flight
Memecoins posted strong gains over the past week, with Pudgy Penguins (PENGU) token outperforming more valuable and popular cryptocurrencies. ‘Exciting' Unlock For…
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Read the API docsPepe is a meme token built around Pepe the Frog, one of the most widely recognized internet meme characters. It does not claim to solve a technical or financial problem; its own description states it exists to let people speculate on the cultural power of memes. It targets participants in internet culture who wish to engage with a community organized around that shared reference.
Pepe is a token that lives across several blockchain ecosystems, including Ethereum, Arbitrum, Avalanche, and BNB Chain. The project imposes zero transaction taxes, has locked its liquidity permanently, and has made its contract immutable, meaning no party can alter those parameters. Beyond holding and transferring the token, no additional on-chain mechanism — such as staking, governance, or protocol utility — is described in the available data.
Pepe collects no fees and has no described fee stream, which means none of the fee-based measures commonly found on this site — such as fee revenue or protocol earnings — are applicable here. The total supply of 420,690,000,000,000 tokens is fully circulating, the circulating supply equals the maximum supply, there is no dilution overhang, and the fully diluted valuation equals the market capitalization of approximately 1.6 billion USD at the recorded point in time. Because there is no fee mechanism, the token's market capitalization is driven entirely by trading activity and community sentiment rather than any claim on protocol revenue.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.
Memecoins posted strong gains over the past week, with Pudgy Penguins (PENGU) token outperforming more valuable and popular cryptocurrencies. ‘Exciting' Unlock For…
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