Bubble
Pepe PEPE
Pepe (PEPE) was trading at $0.00000274, ranked #68 by market cap at $1.13B, with 24h volume of $142.34M.
Data snapshot: 2026-08-03 09:00 UTC.
PEPE is a purely meme-driven token based on the Pepe the Frog internet meme, with no utility beyond speculation and community culture. It launched with no presale or team allocation, a structure its community credits for its rapid early growth, and it remains one of the largest meme coins by market cap despite trading at a fraction of a cent — a reminder that meme coins can carry serious market cap on extremely large token supplies. PEPE was a deliberately minimal launch: no team allocation, no roadmap, no promised utility — the entire proposition is the meme. That purity is why it became a reference point for the 2023 memecoin cycle. It has no mechanism to generate revenue and no development to follow, so there is nothing to analyse except flow: how much money is entering the sector and how much attention it holds. Anyone reading its bubble on this map should be clear that its colour reflects sentiment cycles and nothing else.
Does PEPE have any utility?
No, by design. There is no promised product, no revenue mechanism and no roadmap. It is a token whose entire proposition is the meme.
What drives the PEPE price?
Flow and attention. With no cash flows or usage to analyse, price reflects how much speculative capital is in the sector at a given time.
Why did it become a reference point?
Its launch had no team allocation and no promises, which made it the cleanest example of the category during the 2023 memecoin cycle.
How should a memecoin's colour be read on a bubble map?
As a sentiment reading, not a fundamental one. Strong colour on a small bubble here means flow moved, not that anything changed about the asset.
Market cap decides how big a bubble is drawn, so rank is what places PEPE on the map relative to the rest of its sector.
| Rank | Coin | Market cap |
|---|---|---|
| #29 | Shiba Inu (SHIB) | $2.49B |
| #41 | MemeCore (M) | $1.56B |
| #68 | Pepe (PEPE) | $1.13B |
| #93 | Official Trump (TRUMP) | $574.49M |
| #103 | SPX6900 (SPX) | $502.31M |