$BTC is reaching new all-time highs, and memecoins are holding strong. This is the calm before the storm!
Pepe (PEPE) is a digital asset that launched in April 2023 as an ERC-20 Ethereum memecoin. Inspired by the widely recognized yet controversial meme "Pepe the Frog," Pepe quickly gained attention within the cryptocurrency community. Although fundamentally a memecoin, it has unique features and economic strategies distinct from many traditional cryptocurrencies.
Tokenomics and Functionality
Pepe implements a deflationary mechanism whereby a small percentage of tokens are burned with each transaction. This approach aims to reduce the overall token supply, potentially enhancing the value of the remaining tokens over time. Initially, Pepe also featured a redistribution system, rewarding existing token holders with a portion of every transaction. This system was designed to incentivize long-term holding but has been under review for potential discontinuation. Unique to Pepe, there is a no-tax policy on transactions, which sets it apart by not imposing additional costs on transfers, promoting more straightforward and accessible interactions for users.
Market Dynamics and Risks
Pepe achieved a significant market capitalization of $5 billion shortly after its launch, indicating a robust initial interest. However, it has faced challenges, including volatile price movements and speculative trading, common among memecoins. In August 2023, concerns arose when a large number of tokens were moved to exchanges from the project's wallet, causing a dip in price and raising questions about the token's stability and the intentions behind the transfer.
Liquidity and Trading
Upon its launch, Pepe was initially made available through liquidity pools on decentralized exchanges (DEXs) like Uniswap. This method allows users to trade tokens directly from wallets without the need for traditional brokerage or exchange services, providing immediate market access and enhancing liquidity. Liquidity pools are critical as they help stabilize the token’s price by providing enough volume for trading, reducing price slippage during transactions.
Regulatory and Competitive Landscape
Competition within the memecoin space is fierce, with new entrants like Pepe 2.0, which includes a 1% transaction tax for marketing and community development. Pepe’s no-tax policy could be seen as both a competitive advantage and a challenge, depending on market conditions and user preferences.
Future Prospects
Despite its challenges, Pepe continues to push forward with its roadmap, which includes initiatives like community partnerships, exchange listings, and educational efforts through a proposed Pepe Academy. These efforts are part of the broader strategy to enhance its utility and secure a stable position in the highly fluctuating memecoin market.
Pepe remains a high-risk investment option, characteristic of the broader memecoin category, which is known for its high volatility and market sensitivity. Investors on ICONOMI should be aware of the speculative nature of such assets and consider their personal risk tolerance and the overall impact of market trends on memecoin valuations.
The fastest, most convenient way to purchase Pepe is to purchase it on ICONOMI. We check Pepe live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Pepe by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Pepe is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Pepe, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Pepe in their structure.
Here you can read and comment on all posts made by Strategists about Pepe PEPE. See all Pepe USD price predictions in real time and make the best use of their crypto knowledge.
EDUCATION TIME📚
As they say "there is no gains without brains", we strive to educate OUR COMMUNITY about the latest and hottest topics.
Today's Topic to Cover: MEMECOIN SUPERCYCLE🔥
We have been talking about that phenomenon for some time and to fully understand, below is detailed explanation with interesting facts👇 Enjoy it🔥
What is a Memecoin Supercycle?🚨
A memecoin supercycle is an extended period in which meme coin prices rocket higher amid a wave of frenzied speculation and hype. A defining feature of the memecoin supercycle is that prices almost universally go up across the meme coin sector. Gains are not limited to major tokens like Dogecoin or Shiba Inu but rather extend to lesser-known meme coins and newly launched coins.During a supercycle, prices for popular meme coins can rise 10x-100x, while newer tokens with smaller market caps can explode 1,000x or more.A memecoin supercycle can happen at the same time as a crypto bull market, but a bull market is not a prerequisite for a supercycle.
History of Previous Memecoin Supercycles🚨
2017-2018
The first memecoin supercycle coincided with Bitcoin's early popularity. Dogecoin’s price skyrocketed from $0.0002 to $0.122—a staggering 61,000% rise—marking its first billion-dollar market cap. The cycle ended in 2019, with $DOGE holding a 10x higher baseline value.
2020-2021
During the pandemic, $DOGE surged 29,500%, hitting $0.7376, while Shiba Inu exploded 173,000x. New tokens like $FLOKI joined the boom before the market cooled in late 2021.
2023-2024
The latest cycle began in late 2023 with Solana-based tokens like $WIF gaining dominance, alongside significant gains from established meme coins like $DOGE and $PEPE.
Key Signs That a Memecoin Supercycle Has Begun🚨
Is It a Memecoin Supercycle Now?🚨
The memecoin market may already be in a supercycle. Over the past 30 days, meme coin market value has surged by 20%, reaching $60 billion, with $DOGE up 51%, far outpacing Bitcoin's 12% growth. Trading volumes have similarly exploded, with $DOGE alone exceeding $4 billion by late October. New meme coins like Pepe Unchained are also gaining traction, raising $23 million. Analysts highlight similarities to the 2020-2021 memecoin rally, suggesting $DOGE could spark another explosive cycle. Signs point to a strong upward momentum in the mem
More and more people will understand that cultishness is the biggest driver of value!
Shiba will be delisted from some platforms be aware of a drop coming 13dec
Bitcoin has just hit a new all-time high, but if you think the bull run is over, think again!
In past cycles, market tops were signaled by the 1-month RSI (Relative Strength Index) reaching an overbought level of 90 or higher. Currently, the RSI is at 77, suggesting there’s still significant room for growth.
Moreover, many major altcoins and memecoins like Doge and Shiba haven’t even reached new all-time highs yet, though BNB just hit its milestone yesterday.
This means we’re still early! Hold strong—2025 is when the real fun happens! 🚀
I use the month RSI as well. As macro as you can get. Clever mate.
@LexinvestCrypto thx for the heads-up!