Pepecoin ranks #150 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1024: 874 of the 1023 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 1253 non-native assets CoinSpectrum lists above it by market cap, about 70% are tokens, 22% are claims on other assets and 8% are memecoins.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #150 |
| Rank counting claims | #1024 |
| Market capitalisation | $9M |
| Price | $0.0000828 |
| Circulating supply | 102,921,550,000 PEP |
| Maximum supply | no fixed cap |
| Consensus family | Other |
| Consensus mechanism | — not yet curated |
| Ledger type | Single-asset ledger |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
Grade pending. Pepecoin's launch — how much went to insiders, whether it was sold to investors — is still being researched. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | — | group average, 0 of 2 measured |
| Consensus: leader ladder | — | Consensus not yet reviewed |
| Consensus: family ladder | — | Consensus not yet reviewed |
| Cryptocurrency Standards (Source) | 6.2 | group average, 7 of 13 measured |
| Sound Money Qualities (6 checks) | 5.3 | 3.2 of 6 points source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 2.3 | no fixed maximum; 103 billion in circulation: supply scale 4.6, cap 0 |
| Durability: five years or more with no halt, freeze or reversal | ✗ | 2 full years since its first recorded price, no halt, freeze or reversal in five years |
| Fungibility: every unit interchangeable, none the protocol can freeze or set apart | ✓ | no authority can freeze, blacklist or set apart a coin |
| Divisibility: the smallest unit worth a cent or less | ✓ | 8 decimal places, the smallest unit worth $8.3e-13 |
| Portability: fees of a cent or less and capacity for real demand | ✗ | about 74 transactions a second (4.2 on the throughput scale; 5 is the busiest networks' median demand) |
| Verifiability: open-source nodes and checking without a trusted server | ✓ | node software open source; light clients verify from headers or proofs |
| Privacy (5 checks) | 4 | 2 of 5 passed source |
| Whitepaper privacy: keys are not tied to an identity | ✓ | Anyone can generate keys and receive and send coins; the consensus rules carry no identity check. |
| UTXO ledger: a new key for each payment, no account linking every coin | ✓ | |
| Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default) | ✗ | Dogecoin-derived node; no Dandelion or built-in Tor. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | Amounts are public. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | Addresses are public. |
| Scalability (fees, throughput, block time, block space, features) | 6.3 | average of 4 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | – | not yet measured |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 4.2 | about 74 simple transactions a second |
| Block time (10 minutes 10, less either side) | 6.5 | a block every 1 minutes |
| Block space per 10 minutes (32 MB or more 10) | 7.9 | 1 MB limit, 9.55 MB per 10 minutes |
| Features (3 checks) | 6.7 | 2 of 3 passed |
| Payments safe to accept within seconds | ✗ | The Dogecoin-derived client enables opt-in replace-by-fee by default (DEFAULT_ENABLE_REPLACEMENT = true), and blocks are about a minute apart. |
| Pruned nodes: a full node can validate and drop old history | ✓ | Dogecoin 1.14-derived client keeps Bitcoin Core's -prune block pruning. |
| Light clients verify payments from headers or proofs, without a trusted server | ✓ | Bitcoin-format headers with Merkle roots support SPV verification (Bitcoin §8). |
| Security (miner pay and 7 checks) | 3.4 | 3 of 8 points, 1 not yet measured source |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | 0 | not mined |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | ✗ | not mined |
| Largest pool or validator under 50% | ✓ | 46.1% |
| Largest three under 75% | ✗ | 95.2% |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | Pepecoin Core (MIT, pepecoinppc/pepecoin) is maintained by a small community developer team with no company or foundation behind it. |
| Real on-chain use: 1,000+ transactions a day | – | |
| No 51% attack or deep reorganisation in five years | ✓ | |
| Programmability (tokens, contracts, 5 checks) | 4.4 | 4 of 9 points source |
| Token issuance through a metaprotocol | 1 | PRC-20 inscriptions: read by indexers, not validated by the chain's nodes |
| Smart contracts: scripting for spending conditions | 1 | Dogecoin-derived Bitcoin Script; spending conditions only. |
| Multisig and time locks | ✓ | OP_CHECKMULTISIG plus BIP65 CLTV from height 1,000. |
| Atomic swaps with other chains | ✓ | HTLCs expressible with CLTV; PEP is swap-enabled in the Komodo coin list. |
| An exchange built into the protocol | ✗ | No exchange in the protocol. |
| Cross-chain messaging the chain verifies itself | ✗ | No cross-chain feature in the protocol. |
| Non-fungible tokens | ✗ | No NFT rules in consensus; inscriptions are read by indexers. |
| Decentralisation | 10 | section average, 2 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No party can freeze or claw back PEP. source |
| No central team (Source) | 10 | No central team: Pepecoin Core (MIT, pepecoinppc/pepecoin) is maintained by a small community developer team with no company or foundation behind it. source |
| Who can mint (Source) | — | Consensus not yet reviewed |
| Nodes (Source) | — | Not yet counted |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | — | Launch not yet researched |
| Fundraising | — | Launch not yet researched |
| Developer share (after launch) | — | Not yet researched |
| Supply & Demand | 4.7 | group average |
| Supply & Demand (Source) | 4.7 | average of 6 measures |
| Exchanges (10 or more: 10) | 3 | 3 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 1.9 | $83,031 traded in 24 hours; #1603 by volume on the exchanges the site reads (scored on the median day of the last 30, $92,828) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 6.3 | 1.0% of its market cap a day, median of the last 30 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 4.4 | $1,776 within 2% of the price on 2 exchanges, 0.02% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 2.3 | $8.5M, 2.3 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 10 | no futures, options or margin on the exchanges read |
| Supply (smaller is better) | 4.6 | no fixed maximum; 103 billion in circulation |
| Record | 3.7 | group average |
| Record (origin, claims, halts) | 9 | 2 positive, 1 negative source |
| Positive record | ||
| No claims by its founders that contradict its own design | ✓ | |
| No halt, freeze or reversal in five years | ✓ | |
| Negative record | ||
| Launched as a joke, its founders saying it has no purpose | ✗ | Launched 30 Jan 2024 as a mineable memecoin fork of Dogecoin branded on the Pepe the Frog meme; the project site calls it "decentralized money based on Pepe the frog", "built for frens, by frens", with no stated utility. |
| Age (years since genesis) (Source) | 2 | 2 full years since 2024-06-24, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 0 | 2 positive, 4 negative source |
| Positive | ||
| Steady work, 2 of 6 | ✓ | 170 commits in 2 of the last 12 months (github.com/pepecoinppc/pepecoin); Pepecoin Core 1.1.0 (2024-12-18) is the only release in the last 24 months. |
| Shipped a security fix in two years, +1 | ✓ | Pepecoin Core v1.1.0, 18 Dec (2024 or 2025; it merges Dogecoin 1.14.9, so not earlier than Dec 2024): "various security fixes" |
| Negative | ||
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2024-52914: crafted orphan transactions can stall the node for hours in the uninterruptible orphan-resolution loop; still in Pepecoin v1.1.0. |
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2020-14198: misbehaving peers are auto-banned into an unbounded ban list, so many attacker addresses can exhaust CPU and memory; still in Pepecoin v1.1.0. |
| Unfixed vulnerability, disclosed 2024-09-18, −1 | ✗ | CVE-2019-25220: a long low-difficulty header chain can exhaust memory because the node has no headers pre-synchronisation; still in Pepecoin v1.1.0. |
| Unfixed vulnerability, disclosed 2026-05-05, −1 | ✗ | CVE-2024-52911: a crafted invalid block can make script-check threads read freed precomputed transaction data and crash the node; still in Pepecoin v1.1.0. |
Twenty criteria, weighted equally. The Cryptocurrency Standards have six sections: sound money qualities (six checks: scarcity, durability, fungibility, divisibility, portability, verifiability), privacy (five checks), scalability (four measures and three features), security (miner pay and seven checks), programmability (token issuance, smart contracts and five checks) and decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share). Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
102,921,550,000 PEP are in circulation, against no fixed cap — issuance has no defined end.
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
Pepecoin is #150 among cryptocurrencies and #1024 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 874 places between Pepecoin's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).