Pepe price and where to buy PEPE

What is Pepe?

PEPE is a meme token on Ethereum named after the Pepe the Frog internet meme. It has no product, no utility and no team revenue behind it; its price is driven entirely by trading demand. The supply is about 420.69 trillion tokens, which is why one PEPE is worth a tiny fraction of a cent.

How to buy Pepe, step by step

1. Pick an exchange. PEPE is listed on every exchange we track. Compare fees, funding options and whether it serves your country in our exchange reviews.
2. Create and verify your account. Regulated exchanges ask for identity documents before you can deposit fiat.
3. Fund the account. A bank transfer or a stablecoin deposit usually costs far less than a card payment.
4. Buy PEPE. Use the PEPE/USDT or PEPE/USD market, and check the cheapest venue in the table above first.
5. Decide where to keep it. On the exchange is simplest, but the exchange then holds your coins. PEPE is a token on Ethereum, so withdrawing it costs an Ethereum network fee, which on a small holding can be a large share of its value.

Where to buy Pepe at the best price

The cheapest venue right now is marked in the table above. Add its trading fee before comparing: on PEPE the venues disagree by about 0.19 percent on average, so on a small purchase the fee and the funding method usually matter more.

• The price on that venue. Each row shows the gap to our composite.
• The trading fee. Our fee comparison lists spot fees side by side.
• How you fund the account. A bank transfer or stablecoin deposit is usually far cheaper than a card payment, which often costs several percent.

Why the Pepe price differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.19 percent, against about 0.025 percent for Bitcoin. It went above half a percent in about 28 minutes out of every thousand, and reached about 2.3 percent at its widest.

About half of the PEPE spot volume we track trades on a single venue. The spread figure at the top of this page is the live measurement; our guide on why crypto prices differ between exchanges explains the mechanism.

What moves the Pepe price

The wider crypto market, and in PEPE’s case its own news too. In our hourly composite, PEPE moved with Bitcoin at a correlation of about 0.59, where 1 would mean identical moves, and its moves were about three times the size of Bitcoin’s.

Beyond the market, PEPE moves on attention and speculation, which is why its gap between exchanges spikes more often than on almost any other large coin we track. The funding rates on this page show whether leveraged traders are paying to be long or short right now.

Pros and cons of Pepe

Pros

• Listed on every exchange we track, with deep volume for a meme token.
• A fixed supply with no issuance.
• Cheap per token, so small amounts buy large numbers of tokens.

Cons

• No utility or revenue: the price rests on speculation alone.
• One of the widest average price gaps between exchanges among the large coins we track, about 0.19 percent.
• Its hourly moves were about three times Bitcoin’s in our data.

Pepe’s highest price

Pepe’s all-time high is about $0.000028 on volume-weighted data. The chart above shows the last 30 days of our composite, and the PEPE to USD converter applies the live price to any amount.