Pepe

PEPE · Ethereum token
Checked
Oct 15 2026
The big picture
4.5 / 10Total score0510
Supply + DemandMax. 10
Hold PEPE? We'll warn you first.
Free · 2 coins

Coming next

No single dated event in the next 90 days.

Metric 1 of 3

PEPE · Coin Supply

No new PEPE can ever be made.

1.5 / 5Meme coin
Age3.5 yearssince Apr 2023
Unlocked100%of total supply
Last 90 days0.00%new supply
Next 90 days0.00%estimate

PEPE is a meme coin on Ethereum: all 420.69T coins were made at launch in April 2023, and all of them count as circulating.

Sell pressure. Nothing adds supply: the code cannot create coins and has no owner. Nothing vests, and the team wallet (2.12T) did not move.

Buy pressure. Holders destroyed about 3.73B PEPE in 90 days, too little to change the count.

Net. Net, supply is flat: 0.00% in 90 days, and the same next.

Inflation
Last 90 Days
0.00%
checked · Oct 14 2026
Net flow: 0.00% of supply stays in the market (roughly neutral) over 90 days
Next 90 Days
0.00%
estimate
Net flow: 0.00% of supply stays in the market (roughly neutral) next 90 days
Mixed flows · supply roughly steady
Sell pressure
1. Protocol inflation
0

No new PEPE can be made. The whole 420.69T was created once, when the token launched in April 2023, and the code has no way to create more. The owner key was given up, so not even the team can change the rules.

permanent · no change
2. Vesting unlocks
0

PEPE never had vesting. At launch 93.1% of the coins went straight into the trading pool and 6.9% to a team wallet for exchange listings. No investor or team coins are waiting to unlock.

permanent · no change
3. Foundation + unscheduled unlocks
0

There is no foundation. The one team wallet we track holds about 2.12T PEPE (0.5% of supply) and did not move in these 90 days; its last payout was 42.0B on Dec 22 2025, and it held 2.17T a year ago. It is already counted as circulating, so if it sells, coins change hands but no new supply appears. There is no buyback wallet.

checked · Oct 14 2026
4. Long-term locked or bankruptcy
0

No bankruptcy estate, trustee or long-term lock holds PEPE. A planned US spot PEPE fund would buy its coins in the market, so they are already in the float.

checked · Oct 14 2026
Buy pressure
1. Programmatic buyback
0

Nothing buys PEPE back. The project earns no fees and has no treasury income to spend.

checked · Oct 14 2026
2. Protocol fee burn
0

PEPE has no tax and no fee on transfers, and the code can no longer be changed, so no burn can be built in.

permanent · no change
3. Foundation buy
0

No team, foundation or treasury bought PEPE in this window.

checked · Oct 14 2026
4. New long-term lock
0

PEPE has no staking and no lock contract, so nothing takes coins out of the float this way.

checked · Oct 14 2026
5. Holder burns
~3.73B PEPE

Some holders destroy their own PEPE: 3.61B went to the token's own address, where coins are stuck for good, 118.0M to the dead address, and 2,348 were burned outright — 3.73B in 90 days, about $15K. Over 12 months it came to 5.24B. These burns come with no plan or dates, so we count 0 for the next 90 days.

checked · Oct 14 2026
Supply check · sell, buy & net
 
Last 90D
Next 90D
Sell total (M PEPE)
0.000
0.000
Buy total (M PEPE)
3732.897
0.000
Sell % of circ
0.000%
0.000%
Buy % of circ
+0.001%
0.000%
Net inflation %
-0.001%
0.000%
Circulating supply: 420690000.000M PEPE
Read the full Inflation Analysis
PEPE: no new coins can ever be made, and holders burn only a little.
Long-form mechanism walk. ~5 min.
Metric 2 of 3

PEPE · Coin Demand

Two sides: how much people want PEPE right now, and how much buying could come later.

3 / 5Moderate

Current demand2 / 2.5

This part is based on social media. It shows how hot PEPE is right now. A better rank means more people are talking about it.

PEPE on social mediaIts rank among the 110 coins we follow · last 12 months · #1 = most talked about
#22 · Oct 14 2026

Today, people are talking about PEPE for two reasons:

  1. 1
    A US PEPE fund is back in the news.

    Canary Capital updated its plan for a spot PEPE fund on Oct 2 2026 and named the Cboe BZX exchange for the listing, and the story spread again between Oct 8 and Oct 10 2026. The fee and the ticker are still blank, and no approval date is set. People ask whether big money will really buy a meme coin.

  2. 2
    PEPE got caught in this week's crypto sell-off.

    PEPE fell about 11% from Oct 7 to Oct 9 2026, to near $0.0000038, bounced, then slipped again on Oct 13 2026 when leveraged bets across crypto were wiped out. It trades near $0.0000041 today. Traders argue whether the $0.0000038 floor will hold.

Checked Oct 14 2026

Metric 3 of 3

PEPE · Price DriversBeta

The few things that can move PEPE's price that supply and demand miss.

1 · PEPE ETF

Watch
ETF opens to buyers → price upETF delayed or denied → price down
  1. Sep 17 2025SEC OKs fast ETF rules
  2. Apr 8 2026Canary files PEPE ETF
  3. Oct 2 2026Filing updated for Cboe
  4. Today
    No date yetETF starts trading

First PEPE ETF filing updated Oct 2 2026; no launch date yet.

Data
DateWhat happened / what is coming
Sep 17 2025SEC OKs fast ETF rules
Apr 8 2026Canary files PEPE ETF
Oct 2 2026Filing updated for Cboe
No date yetETF starts trading (coming)
Checked Oct 14 2026

2 · Top 10 wallets

Quiet
Big wallets keep holding → price upBig wallets sell → price down

Ten wallets hold about 38% of PEPE, mostly exchanges.

Data
WhenWho holds what
Apr 2026Top 10 wallets 41% · Everyone else 59%
Oct 9 2026Top 10 wallets 37.7% · Everyone else 62.3%
Checked Oct 14 2026

Should you buy PEPE? Questions about PEPE

Is it a good time to buy Pepe today?

Based on the law of supply and demand, the long-run signal for Pepe is mixed. As of Oct 15 2026, score 4.5/10, Pepe faces 0.00% new supply over 90 days, with demand moderate (3/5). Pepe's price drivers: 0 ▲ price up, 0 ▼ price down.

Why is Pepe going down?

No new coins are to blame: Pepe adds 0.00% supply in the next 90 days, so selling comes from holders. Ten wallets hold about 38% of PEPE, mostly exchanges, so moves can be sharp. None of our drivers points down today (Oct 14 2026). Supply and demand still read mixed for Pepe in the long run.

Is the Pepe coin dead?

Not dead. Pepe is still worth about $1.74B (Oct 14 2026), and the first PEPE ETF filing was updated on Oct 2 2026. There is no launch date yet, so that hope is still only on paper. For Pepe, the supply-and-demand signal is mixed right now.

Is 1 cent possible for Pepe?

It would take 2,446 times today's value: 1 cent × Pepe's coins in the market = about $4.21 trillion, against $1.72B now (Oct 15 2026). Pepe's supply barely changes in the next year (0.00%), so the whole move would have to come from demand. That leaves Pepe's long-run signal at mixed, by supply and demand.

Should I sell my Pepe now?

Today the signal is mixed. Supply and demand would point the other way for Pepe if new supply jumps (today 0.00% in 90 days), or demand falls from moderate. Next date to watch for Pepe: No date yet — ETF starts trading.

Is Pepe a good long-term investment?

On our framework Pepe scores 4.5/10 (Oct 15 2026), with supply 1.5/5 (meme coin) and demand 3/5. In the next year Pepe's supply changes 0.00%, so the long-run signal reads mixed.

What is the best time to invest in Pepe?

The law of supply and demand points to one window for Pepe: low new supply, high demand, drivers pointing up. Where Pepe stands today: 0.00% new supply in 90 days (meme coin), demand moderate (3/5), drivers 0 ▲ / 0 ▼.

Will Pepe go up? What could move its price?

Pepe has 2 price drivers today (0 ▲ price up, 0 ▼ price down). • PEPE ETF: First PEPE ETF filing updated Oct 2 2026; no launch date yet. • Top 10 wallets: Ten wallets hold about 38% of PEPE, mostly exchanges.

Is Pepe a better investment than Bitcoin?

Pepe reads mixed at 4.5/10; Bitcoin reads positive at 8.5/10 (Oct 15 2026). On supply and demand, Pepe looks weaker than Bitcoin today.

Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →

How does MrNasdog judge every coin, and why is 0.00% shown in green?

We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. PEPE supply is not growing (0.00% in the next 90 days), so it shows in green. Zero or falling supply is always green, any growth is red.

What do Watch PEPE alerts cover?

One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.

More coins: SKY · ICP · MORPHO · Which crypto to buy now → · Embed this coin

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