
Pepe (PEPE) is a community-driven meme coin built around the iconic Pepe the Frog internet meme. Its appeal comes from culture and online attention rather than utility-heavy product claims, which places it firmly in the memecoin camp. The project presents itself as a simple token shaped by meme energy, community participation, and the social momentum that can form around a recognizable character. PEPE launched in April 2023 and has since climbed to become one of the most visible meme tokens by market cap and trading activity. It is associated with several major crypto ecosystems, including Ethereum, Arbitrum, BNB Chain, and Avalanche, which helps keep it in front of a broad retail audience. The token's identity is tightly woven into internet culture, making sentiment, virality, and community engagement the primary forces behind how people value it. For traders, PEPE is mainly a bet on attention. That dynamic can produce sharp upside during meme-driven rallies, but it also means price moves can be fast, emotional, and difficult to model. Anyone reviewing this Pepe analysis should understand that narrative strength is the product: if the meme stays relevant, interest can follow; if momentum fades, the token has little else to lean on.
This content was created with the assistance of generative AI. Learn more
Pepe is a meme coin whose value is driven mostly by internet culture and community hype. Its price can swing dramatically in either direction, so beginners should expect high volatility and treat it as a speculative asset.
Smart contract risk scan — checks for honeypots, hidden taxes and more.
Clear bullish / neutral / bearish signal based on market data, on-chain security and macro signals.
Analysis from October 24, 2026
This analysis is refreshed automatically in the background.
Rating
Confidence
Pepe is changing hands at $0.00000441, down 13.0% over the past 24 hours even though it's still up 11.1% over seven days and 3.2% over 30 days. The Fear & Greed Index sits at 51 (Neutral) and has slipped from 53 over the past week — a sign that the broader market isn't offering this meme coin much of a sentiment boost right now. Contract risk is a real concern here: the security trust score is just 45, and the code includes both a blacklist function and the ability to pause transfers. On the plus side, the contract is open-source, carries zero transaction taxes, has no minting function, and reports a 100% circulating supply ratio. Still, between the contract controls, concentration among top wallet addresses, rising interest rates and inflation, and the sharp daily drop, this investment research (MiFID II Del. Reg 2017/565 Art. 36) points to a predominantly strained outlook overall.
The only recent headline — published by U.Today on October 22 — covers large crypto wallets accumulating smaller altcoins, Pepe included, alongside Uniswap and Ethena. The piece was classified as neutral, so it doesn't offer a clear positive or negative catalyst for PEPE. Big-wallet buying can shift short-term supply and demand, but it's not proof of broader or lasting demand across the market. In short, the recent price swing is unfolding against a backdrop of neutral news and slightly cooling sentiment.
PEPE is priced at $0.00000441, down 13.0% over 24 hours after climbing 11.1% over the past week and 3.2% over the past month. That combination points to a sharp short-term reversal inside an otherwise positive weekly and monthly window — not a steady uptrend. The token also sits about 84.3% below its all-time high of $0.00002803, a reminder of just how volatile its longer-term trajectory has been. Trading volume stands at $439.5 million, reflecting plenty of activity, though volume alone doesn't tell us how many distinct participants are actually behind it.
The Fear & Greed Index reads 51 (Neutral), down slightly from 53 a week ago — signaling neither panic nor excitement, but a mild loss of momentum that matters for sentiment-driven assets like PEPE. Meanwhile, the federal funds rate has risen to 3.75% from 3.63%, making conditions more restrictive for speculative markets generally. Annual inflation ticked up too, to 4.02% from 3.71%, which could keep monetary policy under pressure, even as the Dollar Index eased slightly to 121.40 from 121.57. Total value across tracked top stablecoins comes to $265.0 billion, down 0.7% over seven days and 1.3% over 30 days — a useful liquidity snapshot within this measurement universe, though not a directional signal for PEPE specifically. Current PEPE coverage centers on large-wallet activity rather than regulatory news, so no regulatory catalyst appears to be driving the latest price action.
The current picture leans predominantly strained: security concerns, wallet concentration, and an unfavorable macro backdrop outweigh the positive weekly and monthly price gains. With market sentiment neutral and cooling slightly, there's little external support for a coin whose performance is so closely tied to speculation. This reflects investment research (MiFID II Del. Reg 2017/565 Art. 36), not individualized investment advice.
PEPE rose 11.1% over the past week amid neutral coverage of large-wallet buying, only to drop 13.0% within 24 hours. Available news doesn't point to a clear trigger — the pattern itself reflects unstable momentum and the high volatility typical of meme coins.
On the strength side: a fully circulating reported supply, no minting function, open-source code, and zero transaction taxes. On the risk side: a security score of just 45, blacklist and transfer-pause controls built into the contract, heavy supply concentration among top addresses, and a tightening backdrop of rising interest rates and inflation.
Market sentiment as a contrarian reality check for this analysis.
Balanced sentiment
Sentiment is balanced. In this zone, coin-specific fundamentals and on-chain data usually matter more than macro mood alone.
Historical BTC performance
When the index sat between 40 and 59, BTC historically moved an average of +3.0% after 30 days and +9.0% after 90 days.
Current
48
out of 100
Neutral
PEPE is changing hands at $0.00000489, up 10.3% over 24 hours and 19.4% across the past week, though it's still down 0.3% on a 30-day basis. That rebound came with $420.2 million in trading volume, which tells you activity has picked up — not how many distinct participants are actually driving it. An October 22 report noting large wallets accumulating PEPE offers some context for the short-term move, but the sentiment around that news is neutral, and correlation isn't proof of causation here. Broader market mood is similarly subdued: the Fear & Greed Index sits at 50 (Neutral), down from 55 a week ago. The bigger concern is PEPE's contract security profile. A trust score of just 45, combined with blacklist functionality and pausable transfers, outweighs the positives like open-source code and the absence of minting capability. Circulating supply matches max supply, which is reassuring on paper, but the top 10 wallets control 35.0% of all tokens — a concentration level that leaves the medium-to-long-term outlook fragile and exposed to sudden sentiment shifts.
PEPE is changing hands at $0.00000458 after jumping 11.9% in the past 24 hours. The rally extends to 10.6% over seven days and 16.7% over the last 30 days — a clear sign of strong short-term momentum. Yet the broader mood tells a different story: the Fear & Greed Index sits at 55 (Neutral), down from 62 a week ago, meaning crypto sentiment overall is cooling even as PEPE pushes higher. On the supply side, circulating supply already matches the maximum supply, and the contract has no minting function, so dilution through new token creation isn't a concern. But several red flags weigh on the other side of the scale: a trust score of just 45, contract functions that can blacklist addresses or pause transfers, heavy ownership concentration, climbing interest rates, and rising inflation. This coin analysis finds that while the price action looks impressive on the surface, security concerns, concentration risk, and a tougher macro backdrop dominate the outlook over a weeks-to-months horizon.
Pepe is changing hands at $0.00000388, down 5.32% over the past 24 hours and 12.02% over the past week — though it's still sitting 5.12% higher than it was 30 days ago. On the contract side, the security score is a thin 45, and the presence of both a blacklist function and a transfer-pause capability introduces real control risk: whoever holds the keys to those functions could restrict addresses or freeze transfers outright. The entire stated maximum supply is already in circulation and no further minting is possible, but concentration is a concern — the 10 largest addresses hold 37.04% of all tokens. Meanwhile, the Fear & Greed Index reads 59 (Greed), yet it's dropped eight points in a week, a sign that enthusiasm is fading fast. Put together — soft momentum, contract-level red flags, concentrated holdings, and a macro backdrop of rising rates and inflation — this investment research (MiFID II Del. Reg 2017/565 Art. 36) points to a mostly strained setup for PEPE.
PEPE is changing hands at $0.00000444, up 2.1% over the past 24 hours, 22.7% over seven days, and 14.6% over the last month. The clearest mood signal comes from the Fear & Greed Index, sitting at 71 (Greed) and holding steady over the past week — a sign that traders have a healthy appetite for risk, but also that sentiment-driven reversals are more likely from here. Underneath that momentum, though, the smart-contract trust score is a modest 45, and the contract itself includes blacklist and transfer-pause functions. Add rising inflation and a strengthening US dollar to the mix, plus the fact that PEPE still sits roughly 84% below its all-time high despite the recent bounce, and the setup looks risk-heavy: short-term momentum is real, but security concerns, concentrated token ownership, and limited visibility into actual network activity all weigh against confidence in this rally holding up. This coin analysis leans cautious as a result.
PEPE is changing hands at $0.00000438, giving it a market capitalization of $1.84 billion and a market rank of 54. The coin has climbed 32.55% over the past seven days and 7.56% over the past 30 days — yet a sharp 10.52% drop in the last 24 hours is a reminder of just how volatile this asset can be. The Fear & Greed Index, a gauge of overall crypto market sentiment, currently reads 71 (Greed), up from 50 a week ago but cooling slightly from yesterday's 78 (Extreme Greed). That combination points to strong optimism paired with real pullback risk. On the technical side, smart-contract checks look clean: a security score of 100, fully open-source code, no honeypot red flags (a honeypot is a contract designed to trap buyers so they can't sell), no minting capability, and 100% of the stated supply already in circulation. That said, the top 10 wallet addresses hold 38.53% of the total supply — a concentration level worth watching — and a backdrop of rising inflation plus a strengthening US dollar isn't doing speculative assets any favors. Taken together, this is a case where solid contract fundamentals and strong short-term momentum sit alongside concentration risk, an overheated sentiment reading, and notable blind spots around developer activity, on-chain flows, news, community engagement, total value locked (TVL), and token-unlock schedules.
This content was created with the assistance of generative AI. Learn more
$0.000004
24h
+3.22%
7d
-3.09%
30d
+1.87%
100.0% of the max supply is circulating