Pepe (PEPE): D-Score 60/100 — Decentralized BlockIndex D-Score: 60/100 (Decentralized). Pepe (PEPE) is a Layer 1 cryptocurrency using PoS consensus. Pepe (PEPE): Viral ERC-20 memecoin on Ethereum with stealth launch, LP burn, renounced ownership, and rapid community-driven growth. Source: https://blockindex.ai/coin/pepe · Data by BlockIndex.AI · Updated 2026-06-19 D-Score breakdown (0-100, higher means more decentralized) Component: Score: Overall D-Score: 60: Node distribution: 0: Initial distribution: 25: Governance: 21: Age and history: 9: Autonomy: 5: Key facts - Layer: Layer 1 - Consensus: PoS (N/A) - Launch: Fair Launch (2023) - Founder: Anonymous - VC funded: No - Max supply: 413,772,473,444,476 - Circulating: 413,772,473,444,476 (100.0%) Market data (as of 2026-06-19) - Price: $0 - Market cap: $1.16B - 24h volume: $136.62M - 24h change: -2.43% · 7d change: +0.39% About Pepe (PEPE) is a community-driven memecoin deployed as an ERC-20 token on the Ethereum mainnet. Launched stealth in the memecoin cycle of spring 2023, the project intentionally emphasizes meme culture, viral marketing and a lightweight, community-first approach over formal product roadmaps or extensive protocol development. The contract is verified on Etherscan with MIT license metadata and compiled with Solidity v0.8.x. From inception the project used on-chain actions — most notably sending the majority of minted supply to Uniswap liquidity and burning the LP tokens while renouncing ownership — as primary trust signals rather than traditional governance structures or corporate entities. Founders remain anonymous in the available materials and the project presents itself as community-led without a formal DAO or centralized company backing. Technically, PEPE is a standard ERC-20 token and does not operate its own blockchain or consensus mechanism; it inherits Ethereum's security model (Proof of Stake). The token contract exposes typical ERC-20 interfaces along with administrative functions visible in the ABI, yet project materials report ownership renounced after initial provisioning. Key technical indicators available in the source set include verified contract source on Etherscan, compiler metadata (Solidity v0.8.0+commit.c7dfd78e with optimization), and the exact constructor-minted supply value embedded in constructor arguments. There is no bespoke layer-specific protocol or native staking/mining mechanism associated with PEPE — protocol-level throughput, block timing and node statistics are properties of Ethereum rather than the token itself. In practical application the token functions as a speculative and social-layer asset: its principal use cases are community engagement, trading liquidity provision on DEXes and centralized exchange listings, and participation in memetic market cycles. Initial tokenomics concentrated on ensuring immediate, visible liquidity — approximately 93.1% of the maximum supply was allocated to Uniswap liquidity (LP tokens reportedly burned), leaving roughly 6.9% in a multi-signature reserve to support future exchange listings, bridge liquidity and other market operations. There was no presale and no tax mechanism; this distribution approach aimed to provide tradable liquidity while signaling commitment through LP burns. Adoption followed a rapid growth pattern during late April–May 2023 and culminated in sizable exchange coverage and community expansion, with snapshots showing hundreds of millions of dollars in daily volume at peak periods and multibillion-dollar valuations at highs. Economically, PEPE operates with a fixed maximum supply minted at contract creation, so monetary policy is effectively immutable on-chain unless changed through contract logic (ownership reported as renounced). Circulating supply snapshots indicate that virtually all minted tokens are in circulation and available for trading; this distributional posture contributes to both liquidity and the memecoin’s concentration-related risk profile. Market metrics in the provided materials include example snapshots of current price levels, an all-time high recorded in December 2024, and substantial 24-hour trading volumes during peak cycles. The token lacks on-chain governance mechanisms or a formal treasury overseen by a transparent DAO; allocations held in multi-sig are described as reserved for growth-related activities such as listings and bridging rather than as a community-governed treasury. From a governance and risk perspective, PEPE’s strengths derive from fast community growth, transparent on-chain actions (verified contract, LP burns) and broad exchange availability. Its principal risks are standard for anonymous memecoins: high supply concentration even after LP burns, absence of named leadership or corporate entity, reliance on market momentum for liquidity, and limited technical scope beyond its on-chain token contract. No security incidents or formal enforcement actions were found in the provided materials. The project’s roadmap and future plans emphasize listings and social expansion rather than major protocol upgrades, and the long-term sustainability of value will likely continue to depend on community engagement, exchange support, and market cycle dynamics. Links - Website: https://www.pepe.vip/ - Whitepaper: N/A - GitHub: N/A --- About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore