Pepe is a crypto meme coin that launched in April 2023. The project quickly made waves in the meme coin community, as it its purpose was to rival the hugely popular animal-themed projects, such as Dogecoin and Shiba Inu.
Fast-forward to 2024, and $PEPE has experienced a bull run rally, up over 45,000% in just over a year from its all-time low in April 2023. The developers also recently announced new roadmap targets for 2024, aiming to foster more partnerships, introduce new utility, and drive further adoption.
In this guide, we will review some key features of $PEPE, outline their new roadmap objectives, and provide an illustrated step-by-step guide on how to buy Pepe Coin.
How to invest in Pepe Coin: Step-by-step guide
Outlined below are the four simple steps you need to follow to buy Pepe Coin ($PEPE) in 2024.
Due to the token’s decentralized nature, it is strongly recommended that you do your own research and assess your own risk appetite before investing in cryptocurrencies.
Step 1: Download Kraken and create a new account
Our experts opt for Kraken, a compliant and trusted global cryptocurrency exchange. Kraken provides trading services to 190+ countries worldwide, offering crypto trading services and on/off ramping from fiat to over 10 million clients. For this demonstration, we will use Kraken on an iOS device.
Download Kraken from the AppStore and click ‘Create Account’.
Step 2: Set a password and activate your account
The next step is to enter the email address to be linked to your account and set a secure password. You will then be asked to select your primary country of residence.
Next, Kraken will request that you activate your account. You can do this by opening the verification email or manually copying the code into the activation box.
Your account will now be activated successfully.
Step 3: Provide personal details and risk assessment
At the next stage, you will be required to enter your personal details, such as full name, date of birth, and address. You will also be required to answer some risk assessment questions to confirm you understand that cryptos are more high-risk and volatile than traditional investment classes.
Once completed, your account will be paused for 24 hours until you can buy, sell, or trade cryptos.
Expert Tip: Kraken conveniently allows users to buy Pepe Coin directly with fiat and supports purchasing with CAD, EUR, GBP, and USD. The platform also allows users to trade $PEPE with the crypto pairs $ETH and $USDT.
Step 4: Buy Pepe Coin with USD
Once your initial 24 hours have passed, you should have full access to Kraken features. Next, you will need to connect a funding method to your account.
Kraken allows users to buy Pepe Coin directly with a fiat pair, such as USD. Therefore, you will not need to buy a crypto first, such as USDT, to make a swap.
Navigate to the ‘Buy Crypto’ section. Now, you will see an exchange window where you can make the purchase. Select your chosen currency, which you will use to buy Pepe Coin, and enter the amount. In the second box, select $PEPE from the drop-down list of cryptos.
Click ‘Buy Pepe’ and select your desired payment method. Kraken supports ApplePay and GooglePay, though these may have limits on purchasing amounts. Processing times will vary depending on which payment method is used.
Once completed, your newly purchased $PEPE will appear in your Kraken portfolio in the wallet balances section.
Other ways to invest in Pepe
Below, find a table summary of alternative methods for buying Pepe. There are a range of centralized, decentralized, and direct in-wallet options.
| Binance – Trade Pepe Coin with a range of fiat currencies | You can buy $PEPE on Binance, one of the world’s leading crypto exchanges, ranked number 1 by daily trading volumes. Binance offers a wide range of fiat and stablecoin trading pairs with $PEPE, including BRL, EUR, FDUSD, TRY, TUSD, USD, USDC, and USDT. |
| OKX – Official Cryptocurrency Exchange Partner of Manchester City FC | OKX is a global crypto exchange that offers a suite of web3 products and services. You can buy Pepe Coin on OKX with BRL, USD, and USDC. |
| ByBit – Access spot markets, futures, and crypto derivatives | You can buy Pepe Coin on ByBit with 67 different fiat currencies. ByBit charges zero fees when using bank transfer, Apple Pay, or Google Pay. However, checking ByBit’s supported jurisdictions is recommended when buying crypto with debit card payments. |
| Uniswap DEX – Using BestWallet new multi-chain crypto wallet | Uniswap is a decentralized exchange where you can buy crypto without having to register on an exchange. In order to buy $PEPE on Uniswap, you will need to create an ERC20-compatible crypto wallet to connect to web3 dApps. We recommend trying out BestWallet a new multi-chain, non-custodial cryptocurrency wallet |
| Web3 wallet – Buy crypto via third party on MetaMask | MetaMask is one of the most widely used crypto wallets in the web3 world. You can buy Pepe Coin directly in MetaMask via third-party on-ramp providers such as Transak, MoonPay, or Simplex. Fees will vary depending on the provider and payment method. |
What is Pepe Coin?
Pepe Coin is a frog-themed meme coin that was launched on the Ethereum network in April 2023. The project quickly took off as it rivaled other Shiba-dog and ‘Inu’ named cryptos.
Pepe Coin was created to disrupt the meme coin sector, adding a different character to the mix than Doge copycats. $PEPE pays homage to the Pepe the Frog internet meme, popularized in the 2000s.
Pepe Coin key facts and figures
- The total token supply of $PEPE is 420.69 trillion, all of which is in public circulation.
- 93.1% of the total supply was sent to the liquidity pool on Uniswap, where LP tokens were burned.
- 6.9% is held in a multi-sig wallet for future CEX listings, bridges, and liquidity pools.
- $PEPE is among the top 25 cryptos, with a market cap currently over $5 billion.
- Pepe Coin’s price has grown by over 50,000% since its all-time lows and could be the next 100x crypto.
- 85% of wallet addresses holding $PEPE own under $1000 worth of the crypto meme coin. 14.31% hold under $100K.
Pepe Coin roadmap and milestone achievements
| Stage 1 | Enhanced utility: Pepe coin plans to introduce new features and functionalities to enhance the utility of the Pepe token. This includes DeFi protocol integration and the introduction of lending and borrowing opportunities to the Pepe ecosystem. |
| Stage 2 | NFT integration: Pepe Coin aims to explore the possibilities of integrating NFTs into the platform, which would stimulate the community’s creation of Pepe-themed digital collectibles. |
| Stage 3 | Expansion of marketplace: The project plans to launch a marketplace where users can buy, sell, and trade goods and services using $PEPE as the medium of exchange. This is in a bid to support the wider adoption of Pepe Coin. |
| Stage 4 | Governance & community engagement: Pepe Coin has fostered a vibrant and engaging community, which has led to this meme coin’s success. The project aims to double down on its community engagement efforts by creating interactive events, contests, and initiatives. The project plans to launch a governance model that will allow token holders to vote on future progressions of the project. |
| Stage 5 | Strategic partnerships: Pepe Coin aims to forge new strategic partnerships and strengthen collaborations with other like-minded organizations and projects. This includes but is not limited to artists, influencers/KOLs, and content creators to increase awareness of the project online and drive adoption. |
If the project can actualize its roadmap objectives, it could be one of the best meme coin alternatives to the dominant Doge-themed cryptos.
What is the price prediction for PEPE in 2024?
Pepe Coin has seen major momentum over the last months, turning 2024 into a bullish year for this frog-themed meme coin. The price of $PEPE is floating around the $0.000012 mark after hitting an all-time high of $0.00001718 on 27 May 2024.
Major correction or higher-lows?
The foresight is that after its recent price rally to an all-time high, $PEPE is currently in a price correction, retracing to find price stability. However, at the current time, $Pepe looks as though it has created a higher-low scenario.
The previous high before the retrace and rally to the all-time high was $0.00001142, and currently, $PEPE has bounced off $0.000013.
If this new level of $0.000013 becomes the new support level, then $PEPE could surge in price to $0.000021.
Can the Pepe Coin price go higher?
With the new roadmap objectives and token utility milestones the Pepe Coin team set out, this meme coin could reach new heights by the end of 2024.
Our analysts hypothesize that Pepe Coin could likely see a massive 10x price run in 2024 if its projected roadmap objectives are garnered successfully. The guestimated prediction is that if everything goes according to plan with Pepe Coin’s development, the price could reach $0.000127 by the end of the year.
You can also check out our other catalog of step-by-step guides for presales, including PlayDoge, Base Dawgz, and Mega Dice Token, among some of the other top cryptos to buy in 2024. By providing buying guides, we aim to assist users in better understanding how to navigate the Web3 world and the necessary tools.
