Pepe coin is a meme coin that launched in mid-April 2023. Like most meme coins, it became popular nearly instantly — even more so because it is based on a cartoon character Pepe The Frog, rather than a Shiba Inu that inspired Dogecoin and most other similar cryptos.
In this guide, you will learn where and how to buy Pepe, as well as everything we know and expect from its price.
How to buy Pepe Coin — Quick Steps
- Step 1: Open an account with a crypto exchange that lists Pepe
Several cryptocurrency exchanges have listed PEPE, which you can find on the list below. All of the mentioned platforms are legitimate and well-established.
- Step 2: Verify your identity
Upon creating your account, you must verify your identity by uploading documents such as your ID.
- Step 3: Deposit funds and buy Pepe
After verifying and approving your account, the next step will be to deposit funds. Note that some platforms allow you to purchase cryptocurrencies directly without the need to deposit funds first.
- Step 4: Withdraw your funds to a private wallet
The last step after buying your PEPE is to secure it by withdrawing it from the exchange’s wallet to a private one, where only you hold the private keys. The best option would be to use cold storage, meaning a hardware wallet, such as Ledger or Trezor.
Where to buy Pepe?
Pepe is a young cryptocurrency, but it has gained popularity as soon as it launched. This led to its listing on some of the biggest and most popular exchanges within a month from it going live. Today, you can purchase it on the following exchanges.
1. OKX
The first on the list is OKX — a Hong Kong-based crypto exchange founded in 2014. The platform has a lot to offer, including plenty of educational materials, hundreds of listed cryptos, and even more trading pairs. OKX is available in over 200 countries, but unfortunately, the US is not one of them.
On the positive side, it features no deposit or withdrawal fees, while transaction fees are vary low, usually only 0.1% on most trades.
OKX also has very good customer support that is available 24/7. However, it is generally easy to use, which means that it is a good option for beginners.
It allows multiple payment options, robust security measures, and it has a dedicated platform that acts as an NFT marketplace for users who wish to purchase collectibles.
Finally, the platform also provides demo trading, where traders can practice and learn the ways of the crypto market before they start risking real money.
Pros
- Low trading fees of 0.10% or less for most trades
- Easy to use
- Supports multiple payment methods
- Offers high-interest staking
- Zero deposit fees
- Large selection of available cryptocurrencies
- 24/7 customer support
- Low liquidity for some cryptos
- Not available to US users
Your capital is at risk
2. Bybit
Bybit operates as a crypto derivatives exchange, offering a fair trading environment for trading futures with leverage. There are multiple perpetual contracts, and it is known as a fair, transparent, and efficient platform.
Its users have access to various data analysis tools, which lets them access valuable data, like moving averages, monthly price range, moving average indicators, and more. The platform also permits limit orders, conditional limit orders, stop-loss orders, etc.
Leveraged trading goes up to 100x, offering rather sizable positions to experienced traders. It doesn’t require KYC and is user-friendly, so it is easy to start trading. Traders can trade via PC or mobile apps, and in the case of any unexpected losses, the platform has insurance fund, which guarantees to mitigate any damages suffered due to potential security breaches and alike.
It is worth noting that Bybit features some of the lowest fees among exchanges, making it a cost-effective solution.
Pros
- Numerous listed cryptocurrencies
- Supports over 20 fiat currencies
- Available in the US
- Low minimum deposit
- Customer support available 24/7
- No deposit fees
- Offers a demo account
- Transparent trading conditions
- Self-regulated
- No base currencies are accepted, only Bitcoin
Your capital is at risk
3. Binance
Another excellent choice for buying Pepe is Binance — the world’s largest exchange by trading volume. The platform is commonly known for having very low transaction costs, making it a very economical option. The exchange sees more than 100 million dealers because of this.
Also, if you exchange PEPE for a supported digital currency such as its native BNB, Bitcoin, Ethereum, or USDT — Binance will only charge a 0.1% fee.
However, if you wish to benefit from the low fee structure, you will need to deposit payments in Bitcoin. Depositing cash via your credit or debit card comes with a 4.5% cost, and buying PEPE via USD will come with an additional 0.5% fee.
If you use Binance.US, you will have access to more than 60 other cryptocurrencies, including large-cap assets and some of the less liquid ERC-20 tokens.
Pros
- You can complete account creation in minutes
- Low fees if you use Bitcoin
- Hundreds of crypto pairs
- Multi-currency wallet
- High liquidity
- Contains educational resources
- Multiple deposit options
- Not an ideal platform for first-time traders
- It has a history of regulatory issues
Your capital is at risk
4. KuCoin
Finally, we have KuCoin, which is a well-established crypto platform that has a lot to offer to its investors. Its fees are low, not unlike others on this list.
You don’t pay any monthly account fees, withdrawal fees are similar to other platforms, and deposit fees are $0 for crypto. However, if you deposit fiat currencies, you will have to pay a deposit fee.
The platform is known for listing hundreds of cryptocurrencies, and it has advanced trading tools, including technical analysis indicators, charting tools, and like.
You can trade on your PC or via a mobile app, and regardless of the method, the platform features high security.
Transactions are also fast, and, in addition, the platform features margin trading and even staking, which opens up opportunities for potential high profits and passive income.
Pros:
- Low fees
- Strong user base
- Advanced trading features
- Good customer support service
- Wide range of coins
- Allows you to earn interest on crypto
Cons:
- Not licensed in the US
- Too complex for new traders
- Limited payment methods
What is Pepe coin?
Pepe is one of the latest additions to the meme coin market, based on the popular cartoon character Pepe The Frog.
Like all meme coins, it took inspiration from Dogecoin (DOGE), although it took things in a new direction by not using a dog meme as its inspiration. This allowed it to stand out from other meme coins like Dogecoin itself, Shiba Inu, Floki Inu, Baby Doge Coin, and more.
The token officially launched in mid-April 2023, and since then, it has managed to generate quite a substantial momentum. As a meme coin, it was created for a niche audience, but it managed to gain popularity among crypto traders and meme enthusiasts.
Of course, like all cryptos, it still comes with a certain degree of risk. Also, as a meme coin, it may not be suitable for all investors, especially now, while it is still in its infancy. It is volatile, and like the newer meme coins such as Wojak, it has low liquidity, although.
Despite this, the token is growing in popularity and adoption in the crypto industry. It has also been listed on some large exchanges, such as OKX, Binance, KuCoin, Uniswap, Kraken, Bithumb, Gemini, Bittrex, and many other markets.
Likely, other platforms did not wait long before they added it to their list of supported cryptocurrencies, making pepe almost universally available..
Like most meme coins, Pepe doesn’t have any particular use cases at this time. It can be used in trading and speculative investing, but for now, that is all that holders can do with it. Of course, this could change moving forward, if its community votes to change it.
PEPE Price
PEPE is not a young cryptocurrency anymore – especially for a memecoin. Now that it has been a few months since it has been out, its price has shown a lot of volatility for us to judge how it performs.
The token launched with the price of $0.0000000578 on April 17th. Its value started increasing almost immediately, leading to $0.0000003878 by April 20th, also its first major resistance.
Upon reaching this level, the PEPE price was rejected slightly, dropping to $0.0000001907 by April 21st. It spent the next week fluctuating between these two levels, although it did not reach the resistance until April 29th.
Its surge continued for another week, allowing it to hit a new all-time high on May 5th, when it reached $0.000004101. The resistance at $0.0000040 stopped it from progressing, and the token lost momentum.
As a result, its price started dropping, reaching $0.000001153 on May 12. From there, PEPE recovered to $0.000001975, only to be stopped by a resistance at $0.0000020. After that, it spent the next month slowly dropping back down to a support at $0.0000010, and while it broke this level on June 10, turning it into a resistance, it remained relatively close to it.
Pepe reached its lowest point post-ATH on June 15th, when it sank to $0.0000008454. This price was still higher than the one it had at launch and the first few weeks it spent in circulation, but it was still a strong drop. However, the situation for Pepe changed on June 20th, when the price started increasing back toward the resistance at $0.0000020.
It never reached this level, as it was stopped at $0.000001728. After that, it spent the next month — from June 24 to July 24 trading sideways with an occasional attempt to reach $0.0000020, although the fluctuations were fairly small, and it never even came close to it. On July 20, however, the price dipped from $0.000001515, beginning another lengthy but slow descent which brought it to the lowest point of $0.00000108 on August 7.
By the time July arrived, the token’s performance went in a downward direction. The steady decline has now led to the token lying closer to its all-time lows in October 2023.
Update – at the time of writing, in October 2023, the PEPE price is approximately $0.0000000061.
Pepe price predictions
When it comes to PEPE’s future price, the situation remains uncertain. This is a new asset, and there is very little data involving its performance that could be used for predicting its future movement.
Historically, meme coins have been performing well, particularly doing bull runs, so it is reasonable to assume that PEPE will, also. It stands out from the rest, it is unique in its use of Pepe The Frog, and its initial performance during the first weeks of its existence seems encouraging.
After looking into expert Pepe price predictions, we have found positive expectations for the future. WalletInvestor, for example, expects PEPE to reach $0.000003 by August 2024, and to surge to $0.00000952 within the next five years — by 2028.
Similarly, CoinCodex has provided a short-term prediction that expects PEPE to drop over the next several days and reach $0.000001493 by mid-September.
The token’s performance in October, however, has seen a major downtrend. All the indicators are saying that its performance is bearish, with the technicals of TradingView showing that the token is in the “Sell zone”.
Ways of Buying Pepe
If you are interested in buying PEPE tokens, you can do it via several different payment methods. For example:
Buy PEPE with a debit/credit card
You can use debit or credit cards to buy Pepe tokens on any centralized exchange that supports it, including the ones mentioned above. CEXes are ideal for buying crypto with fiat, but they require creating an account and verifying your identity.
Buy PEPE with crypto
So far, PEPE has been listed on centralized and decentralized exchanges alike. This means that you can buy it with cryptocurrencies on both types. On CEXes, the token can be purchased with Bitcoin, Tether, Ethereum, and similar large cryptocurrencies. However, if you wish to buy it on a DEX, you will have to pick one in Ethereum’s ecosystem, where you can buy PEPE with an ERC-20 version of USDT, ETH, or other ERC-20 tokens that are paired against Pepe.
Buy PEPE with PayPal
Unfortunately, PEPE is not listed on PayPal, and PayPal is still not a payment method supported by crypto exchanges. However, you can use it as a payment method on P2P platforms. This works because you can find a PEPE sell order on one such platform and offer to pay for it via PayPal. The tokens would be kept by the platform until both parties confirm that the PayPal payment has been made, and then they would be released into your wallet.
Which crypto wallets support PEPE?
Pepe tokens can be stored in a number of different wallets that can be used for storing ERC-20 tokens. Depending on your preference, you can choose one of the following:
- OKX Wallet
- Trust Wallet
- MetaMask
- Ledger
- imToken
- Torus
- Coinbase
- TokenPocket
- iToken Wallet
- Freewallet
- Assure Wallet
- SafePal
- BRD Wallet
- Coinhub
- SimpleHold Wallet
- Portis
- WalletConnect
- Fortmatic
- Ambire Wallet
- Binance Wallet
- Coin98
Note that the token can be stored in many more wallets, and this list only represents a few of the best wallets for PEPE.
Is Pepe a Good Investment?
Pepe has become popular in the crypto industry, as has Pepe 2.0. However, some aspects of the project might make some investors think twice before purchasing it.
Its market cap has dropped to nearly a quarter of its ATH market capitalization and is now $276 million. Many believers would consider it a buying opportunity, believing that an upswing encore is possible for this memecoin.
However, recent trends show that the interest in this memecoin has now dissipated, which makes new cryptocurrencies much better alternatives.
Among them is Meme Kombat. This recent addition to the memecoin scene is leveraging the “Vs” narrative and AI-powered battles to quickly gain traction among memecoin enthusiasts. Giving users a clear use case, Meme Kombat is another “memecoin with a utility” which can help it propel in the crypto market.
This utility combines AI and GameFi attributes, in which meme avatars – avatars representing the leading memecoins – battle each other in an AI-powered arena, and players can bet on the outcomes of these battles and earn rewards.
Simply put, the project is powered by the $MK token that players can stake in order to gain two benefits. One is the access to APY rewards, which the official whitepaper says is hefty, and even invites presale investors. The second utility is betting. Players don’t need to bet their unstaked $MK tokens. Instead, they can bet a portion of their staked tokens in order to increase their rewards more than what the APY can provide.
These attributes give Meme Kombat long-term upsides, making it an appealing investment opportunity for all types of crypto investors. Interested parties can visit the official website – memekombat.io – in order to buy this token at a discount price of $1.667.
Conclusion
Pepe has gained a following among many crypto enthusiasts thanks to its meme-based nature. The name and the image of Pepe The Frog may have been controversial in the past, but the speed at which PEPE reached a $1 billion market cap says otherwise.
However, the token has now retraced, and its chances to regain a foothold are looking slim. Investors are better off looking at alternatives such as Meme Kombat.
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FAQs
Where can I get the best deal on PEPE?
All crypto exchanges listed in this guide offer low fees and multiple paired cryptocurrencies. They are safe, with fast transactions, multiple payment methods, and other benefits. As such, all of them offer a great deal worth considering, if you are interested in buying PEPE.
Is Pepe token a good investment?
PEPE is a young cryptocurrency, which makes it difficult to know how it will behave over the next few weeks, months, or years. Historically, meme coins have performed well, but that cannot be taken as a confirmation that Pepe will too. Investing in any crypto is a risk, and investing in crypto with no utilities is even riskier. With that said, there is also no reason to assume that PEPE won’t perform well moving forward.
Is PayPal a viable option for purchasing Pepe tokens?
You can only use PayPal to purchase Pepe if you use P2P markets, where you would buy it from other holders. On such exchanges, you would make a deal to buy PEPE, pay with PayPal off the platform, and then receive your tokens through the platform.