Sell Pepe | Swap PEPE for Bitcoin (BTC)

What is Pepe (PEPE)?

Pepe (PEPE) is a memecoin inspired by the popular internet meme character Pepe the Frog, which has been a symbol of internet culture since the mid-2000s. Launched in April 2023, PEPE rapidly gained popularity in the crypto community, becoming one of the most successful memecoins in the market. However, it’s not associated with the creator of the Pepe character, Matt Furie, and his Pepe the Frog character.

Operating as an ERC-20 token on the Ethereum blockchain, PEPE, at its peak, achieved a market capitalization of $11 billion, demonstrating extraordinary growth for a meme-based token. With more than 400,000 holders, PEPE grew into the ranks of the top 50 cryptoassets by market capitalization thanks to its strong community support and engagement.

Moreover, you can bridge PEPE from Ethereum to Arbitrum and BNB Chain, which helps expand the community of this coin even further.

What Are the Tokenomics of Pepe?

The sole item in Pepe's tokenomics is the total supply of this coin, which initially stood at a humorous 420,690,000,000,000. However, in October 2023, the team behind the project burned 6.9 trillion of tokens, or around 1.6%, worth around $6 million at the time. 

After the burn, another 3.79 trillion of PEPE remained in the hands of the original team of the project, while more token burns might be announced in the unspecified future.

What makes PEPE unique among Ethereum-based memecoins?

PEPE keeps it simple. No presale, no team tokens, no taxes—just pure memecoin fun and a fair launch. Even its roadmap consists of three simple phases: 'Meme,' 'Vibe and HODL,' and 'Meme Takeover.' PEPE leans hard into internet culture with the iconic frog, riding community hype instead of overpromising utility, which has helped it to become one of the most popular memecoins in the market. As the official website of the token reminds, PEPE is "completely useless and for entertainment purposes only."

How do I sell my Pepe? 

To sell your Pepe (PEPE) and convert them into Bitcoin (BTC), you need to access Xverse Swap using your web browser. Then, you connect your Ethereum wallet, where you’re storing your PEPE, and your Xverse wallet, where you’ll receive your BTC. Next, you enter the amount of PEPE you want to convert to BTC and click ‘Get Quotes.’ Finally, review the transaction details and click ‘Swap.’ Remember, you’ll need some ETH to cover gas fees to process the swap. Your PEPE will then be swapped into BTC within minutes, and your coins will arrive in your connected Xverse wallet.   

Are there fees for swapping PEPE to BTC?

While there are standard network fees for transactions on the blockchain, Xverse doesn’t add hidden markups or charges. What you see is what you get, with transparent pricing displayed before you confirm your swap.

How long does the swap process take?

Most PEPE to BTC swaps settle within a few minutes. However, during times of high network congestion, it may take slightly longer. Xverse Swap provides real-time updates on your transaction status so you’re always informed about your swap progress.

Is there a minimum amount of PEPE I can swap?

Yes, there is a minimum swap amount to ensure the transaction value exceeds network fees. This minimum varies based on current network conditions but is typically equivalent to around 30 dollars' worth of PEPE. The exact minimum will be displayed in the app before you initiate your swap.