Introduction to PEPE and Market Overview

PEPE is a Meme Coin themed around a frog meme, launched in April 2023, and quickly gained popularity through community-driven dissemination and social media topic effects. As of June 2025, PEPE’s circulating market capitalization has entered the top 40 globally, with community activity continuing to rise. For beginners, understanding its basic characteristics and total supply (420 trillion coins) is the first step to in-depth analysis.

latest price movement

Figure:https://www.gate.com/trade/PEPE_USDT

According to Gate data, on June 10, 2025, PEPE is priced at $0.0000124, having risen 8% within 24 hours. The price is experiencing significant short-term volatility, and beginners should pay attention to key support and resistance levels while being cautious about chasing highs.

The significance of Bitnile.com accepting PEPE payments

On June 5, 2025, Bitnile.com, a subsidiary of Hyperscale Data, announced the official acceptance of PEPE as a payment method, marking a breakthrough for PEPE in terms of application scenarios.

1. Liquidity enhancement: Users can directly use PEPE for consumption on the platform without the need for additional exchange, increasing the stickiness of token usage.
2. Brand exposure: The large user base of social entertainment platforms and the acceptance of payments help exchanges further promote within the community.
3. Pricing support: The increase in actual payment demand is expected to provide a price floor support for PEPE in the medium to long term.

Investment risk warning

• Large price fluctuations: Meme Coins inherently carry high risks, with short-term fluctuations reaching over 20%.
• Regulatory uncertainty: Global regulation on cryptocurrency payments is tightening, the application scenarios are expanding, but policy risks still exist.
• Long-term value is questionable: lacking project infrastructure and developer support, community consensus is the only driving force.

New users should note:

1. Batch building: Gradually build positions when prices are low to avoid the high risks associated with a one-time investment.
2. Set Stop Loss: Set the stop loss level below the key support (e.g. $0.000009) to control the maximum loss.
3. Focus on application implementation: Continuously track the adoption progress of Bitnile.com and other platforms, and evaluate actual usage.