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pepe
Pepe (PEPE) is a meme coin developed as a tribute to "Pepe the Frog" internet meme. The project leverages the popularity of meme coins and has positioned itself as a notable meme-based asset. PEPE is an ERC-20 token that runs on the Ethereum network, a Proof-of-Stake (PoS) blockchain.
This coin is available on Newton.
PEPE is a deflationary token that burns a small percentage of tokens with each transaction, driving up scarcity. Additionally, every PEPE burned during a transaction is redistributed—in part—to token holders to foster engagement. The total supply of PEPE tokens is 420.69 trillion, with no additional tokens to be minted in the future.
PEPE did not have an Initial Coin Offering (ICO); instead, it launched silently and grew purely through word of mouth and virality. PEPE, alongside DOGE and SHIB, are meme coins offered by Newton, but PEPE seeks to be the king of all meme coins. PEPE currently has no intrinsic value or utility. As described by the creators, it is "completely useless and for entertainment purposes only." Nonetheless, PEPE can be used to transfer value and can be considered a payment token.
The core of PEPE's design relies on two main features: token burning and holder rewards. With each transaction, a small portion of tokens gets permanently removed from circulation through burning. This burning mechanism aims to create artificial scarcity, theoretically pushing the value up over time as fewer tokens remain available. The initial supply was set at an enormous 420,690,000,000,000 tokens, though this number continuously decreases through the burning mechanism.
The redistribution system works alongside this burning mechanism. When someone makes a transaction, 1% of it gets automatically distributed to everyone holding PEPE tokens. This creates an incentive to buy and hold rather than trade frequently.
The technical foundation is straightforward—PEPE is an ERC-20 token running on Ethereum. This means it inherits Ethereum's security, functionality, and Proof-of-Stake (PoS) consensus mechanism.
While PEPE has no inherent utility or intrinsic value, the token's value proposition relies almost entirely on social factors: meme culture, community engagement, and speculative interest. The technical features (burning and redistribution) exist mainly to encourage holding behaviour and create a sense of increasing scarcity. The roadmap follows a typical meme coin trajectory: get listed on major exchanges, build a social media presence, and maintain community engagement.
No, Pepe Coin is not affiliated with Matt Furie, the original creator of the "Pepe the Frog" character. The coin is a community-driven project inspired by the meme.
Yes, you can legally buy, hold, and sell PEPE in Canada through crypto platforms like Newton.
The entire process, from account creation on Newton to purchasing TRX on an external exchange, can take a few minutes, depending on:
Pepe (PEPE) trading fees are included in the transaction total and displayed before you confirm each trade. Please visit Newton's Fees page for the latest and most accurate fee information.
Pepe (PEPE) holders can store their tokens in a Newton account or transfer them to a personal wallet. It can be traded to capitalize on market movements or sent to friends for gifting or personal use. As a high-risk, high-reward asset, PEPE offers diversification opportunities in crypto portfolios. Users can stake PEPE to earn rewards while helping secure the network or leverage it in decentralized finance (DeFi) for lending, borrowing, and earning interest. Holding PEPE may also yield passive rewards through redistribution mechanisms. The token is backed by a vibrant community of meme enthusiasts and crypto traders, with opportunities to engage in digital collectibles and NFTs that can be created and traded. Learn more at Pepe.vip.
Pepe the Frog was created in 2005 by cartoonist Matt Furie as a character in his comic series "Boy’s Club." Initially popular as an internet meme, Pepe gained widespread recognition through various social media platforms by displaying different emotions and scenarios, e.g., “sad Pepe” and “smug Pepe.”. However, by the mid-2010s, the meme was co-opted by extremist groups, leading to controversial associations with negative ideologies. In response, Furie launched the #SavePepe campaign and the documentary "Feels Good Man" to reclaim Pepe’s original, positive image.
In April 2023, Pepe was introduced as an ERC-20 token on the Ethereum blockchain, marketed independently of Matt Furie. The token quickly attracted attention, achieving a market capitalization of $500 million within two weeks of its launch, with a total supply of 420,690,000,000,000 PEPE tokens. Initially available through a Uniswap liquidity pool, PEPE expanded to various centralized and decentralized exchanges. The identity of PEPE’s creator remained anonymous until Zachary Testa, a landscape photographer, was revealed as the founder. Testa faced criticism for using PEPE profits to purchase a luxury vehicle without sharing earnings with Furie.
Following the disclosure, over 17 trillion PEPE tokens worth approximately $18 million were moved to major crypto exchanges, causing the token’s price to drop by more than 15% on August 25, 2023. Despite these fluctuations, Pepe (PEPE) continues to be traded for collectability, speculation, and as part of the broader cryptocurrency market, maintaining its presence through active community engagement and ongoing trading activities.
While all are meme coins, PEPE distinguishes itself through its deflationary mechanisms and redistribution to token holders. Unlike Dogecoin, which has its blockchain, PEPE operates on the Ethereum network as an ERC-20 token.
While significant price appreciation is possible in the crypto market, reaching $1 is mathematically improbable due to PEPE's massive supply of 420.69 trillion tokens. Investors should focus on percentage gains rather than absolute price targets.
Disclaimer: It is important to DYOR (Do Your Own Research) before investing in any asset, particularly speculative cryptocurrencies like Pepe Coin. Be cautious of becoming “exit liquidity” for early investors, influencers, or professional traders who often buy early, promote the project, and sell when public interest peaks. Investing in any asset carries significant risk, and the cryptocurrency market is no exception. Only invest funds you can afford to lose entirely.
PEPE is a highly speculative meme coin with no intrinsic value or utility, as openly stated by its creators. While its deflationary and redistribution mechanisms make it an intriguing asset, its value depends entirely on market demand and community engagement. And although it may appeal to investors interested in meme coins, you should only invest what you can afford to lose and thoroughly understand its high-risk, entertainment-focused nature.
Keep your Pepe (PEPE) in your Newton account or transfer it to a personal wallet.
Earn rewards by staking Pepe (PEPE), helping to secure the network.
Benefit from the redistribution mechanism by holding Pepe (PEPE) and earning more tokens over time.
Buy, sell, or swap Pepe (PEPE) to take advantage of market movements.
Use Pepe (PEPE) within decentralized financial services for lending, borrowing, or earning interest.
Engage with a vibrant community of meme enthusiasts and crypto traders.
*Newton does not currently support staking, governance, interest-earning, or other utility functions, where applicable, for this asset.
These involve person-to-person trades where you buy Pepe (PEPE) directly from another individual, often through peer-to-peer platforms or local community networks. While possible, this method often carries security and trust challenges.
These include centralized exchanges, decentralized exchanges, and other intermediaries or platforms designed for buying Pepe (PEPE). Many individuals prefer to purchase Pepe (PEPE) through a regulated cryptocurrency platform like Newton, which offers an easy experience with secure transactions and compliance with Canadian regulations.
Trading fees are included in the transaction total and displayed before you finalize your trade, so you always know what you’ll pay. Please visit Newton's Fees page for the most current information on Pepe (PEPE) fees.
Newton prioritizes user security with new device registration, login history monitoring, anti-phishing protection, multi-factor authentication, and institutional-grade custody, storing most assets in insured cold storage.
Newton makes it affordable to buy and sell Pepe, with a 1.50% - 1.60% fee. For more information about fees, see our Prices page. Newton covers up to $5 of network fees on your first daily withdrawal. For additional withdrawals, or if network fees exceed $5, the estimated network fee is confirmed prior to withdrawal.
Newton’s intuitive app and web platform let you trade PEPE effortlessly on any device. Available on web, iOS, and Android devices.
Registered with the OSC and compliant with Canadian Securities Administrators (CSA) regulations.
As a Canadian-based platform, Newton provides a secure and reliable environment for Canadians to trade Tron and other cryptocurrencies. Newton’s emphasis on security and ease of use makes it a trusted platform for cryptocurrency trading in Canada.
Visit Newton's signup page or download the app (available on iOS and Android) to create your account. Complete the quick and secure verification process using your government-issued ID to unlock full access to the platform.
Deposit funds into your Newton account using one of the following methods:
Interac e-Transfer: A fast and convenient way to fund your account, with deposits typically processed instantly or within 2 hours.
Wire Transfer: Suitable for larger transactions. Wire transfers may take up to 3 business days to process.
Navigate to the trading section to begin.
Choose Pepe (PEPE) from available cryptocurrencies.
Enter the amount of Pepe coins you want to purchase in Canadian dollars (CAD) or Pepe (PEPE). You'll see all fees and the exchange rate before confirming your trade.
Confirm your trade details to complete the transaction. The Pepe (PEPE) tokens will appear in your Newton account shortly after.
You can also transfer your Pepe (PEPE) tokens to external storage solutions. These include hardware wallets, which are physical devices that store your Pepe (PEPE) offline, and software wallets, which are digital applications(desktop, mobile, or web-based applications) for storing and managing your Pepe (PEPE). Always ensure that the wallet you choose supports ERC-20 tokens, as PEPE operates on the Ethereum network.
Newton provides secure, institutional-grade custody for your Pepe (PEPE). Most assets are stored offline in cold storage to protect against potential risks and are insured for added protection. You can easily access your Pepe (PEPE) coins for trading or selling whenever you choose.
Your security is important. Newton is committed to being a leader in compliance, security, and technical protocols.
For additional information and to review the risks associated with Pepe, please see our Asset Statement.
