Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Does PEPE's Burn Strategy Actually Work? Here's What the Numbers Say

robot
Abstract generation in progress

Pepe Coin has been aggressively burning tokens for over a year now, but is it really moving the needle? Let’s break down what actually happened.

The Burn History:

  • April 2023: PEPE went nuclear and torched 210 trillion tokens—literally half of everything that existed. That’s 50% of the total supply wiped out overnight.
  • October 2024: Collaboration with BasedAI Network. Token holders could burn PEPE in exchange for Brain credits to fund a decentralized AI play. Creative tokenomics, but limited volume.
  • December 2024: Another 6.9 trillion tokens burned (~$5.5M worth). The meme stays consistent with the number 6.9 though.

The Reality Check: Here’s where it gets interesting—despite all these burns, circulating supply as of February 2025 is still sitting at ~200 trillion tokens out of 420 trillion total. So yeah, they’ve cut the supply in half, but there’s still a massive float.

The Honest Take: Burn mechanisms sound good in theory: less supply = more scarcity = potential price pump. But in practice? It’s not automatic. The actual price movement depends on way more factors—trading volume, retail FOMO, market sentiment, and frankly, Bitcoin doing its thing.

The burn shows commitment to deflation, but it’s not a price floor. This is meme coin territory, so treat it like one—fun but risky. Do your own research before going all-in.

PEPE-0.08%
BTC-1.41%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)