PEPE, the infamous frog meme token on Ethereum, is trending amid the meme coin bloodbath – but is this the bottom for a potential 100x moonshot? On November 25, 2025, PEPE trades at $0.000004602 – down 82% year-to-date but showing faint signs of life with a +1.97% 24h gain amid a $3.3 trillion crypto market rebound. In this guide, we’ll dive into PEPE’s market position, price history, technicals, key factors, forecasts and risks.
For real-time insights, track the live PEPE price, order book depth, and interactive charts directly on Tapbit price.
Market Position
PEPE ranks as the #45 cryptocurrency with a market cap of $1.93 billion, commanding about 0.06% of the total crypto ecosystem. Launched in April 2023 as a pure meme play inspired by Pepe the Frog, it has no utility beyond community hype and viral trading – but that’s its strength in bull markets. Built on Ethereum, PEPE relies on ERC-20 standards for transfers, with a massive 420.68 trillion token supply (100% circulating, no unlocks). Its deflationary twist comes from transaction taxes funding liquidity and burns, reducing supply over time.
Unlike blue-chips, PEPE thrives on social sentiment: $1.93B cap trails SHIB ($10B) but leads newer frogs like BRETT ($2B), making it a high-beta bet for meme seasons. No native staking or governance, but its $317.2M+ 24h volume (per CMC) drives liquidity on DEXs like Uniswap. In a DeFi-heavy world, PEPE’s “zero utility, maximum vibes” positions it for explosive pumps when retail FOMO returns – but it’s brutally vulnerable in crashes.
From Zero Utility To $1.93 Billion Cult – How PEPE Defies All Logic
PEPE’s story is meme coin gospel: A 2023 launch at near-zero exploded to an all-time high (ATH) of $0.00002825 on December 9, 2024, during the frog meme frenzy, delivering 10,000x gains for early holders. It then cratered to an all-time low (ATL) of $0.00000001063 in April 2024 amid broader market dumps. The 2025 rebound was short-lived: +120% YTD early on, fueled by burns and listings, but November’s -18.2% slide erased gains, mirroring the sector’s 66% drawdown.
Current status (November 25, 2025): At $0.000004602, PEPE posts a +1.97% 24h change and $317.2 million 24h volume (down 18.67% daily). Fear & Greed at 19 (extreme fear) screams capitulation, with BTC dominance at 58% squeezing memes further.
Technicals Screaming “Blood In The Street” – RSI35 Doesn’t Lie
PEPE’s chart is pure meme volatility: Trading in a bottoming pattern since November’s $0.000004 low, with the 14-day RSI at 35 (oversold, ripe for snapback) signaling exhaustion after a 18.2% monthly plunge. MACD remains bearish with negative histogram bars, but divergence hints at weakening sellers on the daily timeframe. Volume dipped to $326.12M (down 5% daily), but spikes on burns (1.2T tokens torched last week) show community resolve defending $0.000004 support (50-day EMA).
Key Levels
Support at $0.000004 (immediate, Fib 0.618) and $0.00000001063 (ATL risk). Resistance at $0.000005 (psychological) and $0.000006 (Nov high). A close above $0.000005 could ignite 50% to $0.0000075, aligning with 35% green days in volatile 30-session stretches. Thin liquidity amplifies risks – $100M sells could drop 15%, per 24/7 Wall St. Use tight stops below $0.000003.9 for shorts.
Key Factors
PEPE’s bull thesis hinges on meme revival and deflation. Altseason whispers (BTC dominance falling to 58%) could spark 100x pumps, as seen in 2024’s frog frenzy. Token burns – 1.2 trillion PEPE incinerated last month via taxes – reduce supply, with community drives targeting 10% deflation by 2026. Listings on CEXs like Binance (recent Pump.fun integration) boost visibility, while ETH L2 bridges cut fees for frog traders.
Expert view: “Memes like PEPE thrive in fear – RSI 25 is the ultimate buy signal,” notes analyst Benjamin Cowen on X, projecting 200% on FOMO. On-chain: Whale wallets up 5% (holding 20% supply), LP locked at $300M.
Bears cite rug risks (no team, pure speculation) and illiquidity – 82% YTD drop echoes 2022’s winter. Hype cycles fade fast without utility, and ETH gas spikes could sideline traders. Macro: Fed cuts (82% odds) aid risk-on, but BTC rejection at $90K drags memes 20-30%.
Trade Or Fade The Rebound On Tapbit
PEPE at $0.000004602 is meme carnage incarnate – down 82% YTD and -18.2% November – but RSI 35 and burn mechanics scream “bottom in” for a potential 100x altseason flip. With whales stacking and listings incoming, $0.000005 average in 2025 isn’t fantasy; it’s the playbook from 2024’s frog run. In extreme fear (Index 19), this is where legends buy – but only if you stomach the volatility. DYOR, diversify, and remember: memes reward the bold, punish the greedy.
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FAQ
Is PEPE Safe to Buy? High-risk meme – no utility, but deflationary burns offer upside in bulls.
Tapbit for Memes? Yes – trade PEPE/USDT with 0.01% fees, 50x leverage, and meme-specific alerts.
How to Short PEPE on Tapbit? You can refer to our guide ‘ How To Perform Futures Trading On Tapbit?‘.
PEPE vs. SHIB? PEPE faster burns but smaller cap; SHIB has ecosystem edge.
