how many pepe coin in circulation

How Many PEPE Coin in Circulation?

1. PEPE Coin OverviewPEPE Coin is a meme token inspired by the popular Pepe the Frog character. It runs on the Binance Smart Chain and has gained attention due to its association with cryptocurrency enthusiasts and the gaming community.

2. Circulation SupplyAs of January 2023, the total circulation supply of PEPE Coin is estimated to be around 448 trillion coins. This figure is dynamic and continuously changes as the coin is traded and new tokens are added to the supply through minting processes.

3. Initial DistributionInitially, 500 trillion PEPE Coins were created and distributed as follows:

• 49% reserved for the community
• 30% allocated for marketing and development
• 20% held by the team and contributors
• 1% allocated for airdrops and giveaways

4. Inflation and Burn MechanismsPEPE Coin has deflationary characteristics aimed at reducing the circulating supply over time. It utilizes the following mechanisms:

• Burning: A certain percentage of transaction fees is burned, permanently removing PEPE Coins from circulation.
• Staking and Rewards: Users can stake their PEPE Coins to earn rewards, including new PEPE Coins. However, newly minted rewards are subject to a balancing mechanism that adjusts the inflation rate.

5. TokenomicsPEPE Coin has the following tokenomics:

• Ticker: PEPE
• Blockchain: Binance Smart Chain (BSC)
• Initial Supply: 500 trillion
• Circulation Supply: Approximately 448 trillion (January 2023)
• Max Supply: Uncapped

ConclusionThe circulation supply of PEPE Coin is an important aspect of its tokenomics. The current supply is estimated to be around 448 trillion coins, with the total supply uncapped. Through deflationary mechanisms like burning and staking, PEPE Coin aims to reduce its circulating supply over time, potentially increasing its value.