Gate News, April 10, according to Gate market data, as of the time of writing, PEPE (PEPE) is trading at $0.00000353. Over the past 24 hours, it is up 1.75%, with a high of $0.00000367 and a low of $0.00000344. The 24-hour trading volume is $7.2216 million. The current market cap is approximately $1.49B.
$PEPE is the most playable meme coin. PEPE is tired of watching the crowd play the hot-potato game in endless derivative ShibaCumGMElonKishuTurboAssFlokiMoon Inu coins. The era of Inu coins is over—it’s time to let the most recognizable meme in the world become king of the internet. PEPE is designed to make meme coins great again. The coin launched in a stealth manner, with no presale, zero tax fees, liquidity already burned, the contract having relinquished ownership, and $PEPE is a coin that will forever belong to the people. Driven purely by meme power.
Recent important news for PEPE:
1️⃣ Spot ETF application moves forward, with regulatory innovation making progress Canary Capital has officially submitted the S-1 registration statement for a PEPE spot ETF to the U.S. Securities and Exchange Commission (SEC), with plans to begin issuance after the registration becomes effective. This move indicates that the cryptocurrency ETF product lineup is expanding to a wider range of coins, which could provide an entry route for institutional investors into PEPE.
2️⃣ High concentration of holdings carries risks According to disclosures in SEC filings, as of January 2026, the top ten wallet addresses holding the most PEPE collectively account for approximately 41% of the coin’s total circulating supply. The holding structure is highly concentrated. At the same time, PEPE has been explicitly noted as having no utility, and the coin’s value support mainly relies on community consensus and the continuation of meme culture.
This news does not constitute investment advice; investors should be mindful of risks from market volatility.