A recent tweet from BSC News has sparked fresh interest in PEPE, the Ethereum-based memecoin that's been hopping around the crypto scene since 2023. The post teases whether this original gangster (OG) of meme tokens could deliver a major surprise in the fourth quarter of 2025. Let's break down the analysis they linked to, unpacking what makes PEPE tick and why it might—or might not—shake things up.

The Origins and Rise of PEPE

PEPE burst onto the scene in April 2023, right in the aftermath of big crypto shake-ups like the FTX collapse and the Terra/LUNA debacle. Inspired by the "Pepe the Frog" meme from Matt Furie's 2005 comic "Boy's Club," it's all about that nostalgic, internet culture vibe. Unlike utility-focused tokens, PEPE proudly admits it has no real roadmap or tech upgrades—its official website even jokes about it with an absurd, humorous outline.

Despite the lack of bells and whistles, PEPE skyrocketed early on. It hit a $1.5 billion market cap within a month of launch. Fast forward to 2024, and it surged from $500 million to $6.5 billion between February and June. By December 2024, it peaked at over $10.4 billion, outpacing established coins like Avalanche (AVAX), Polkadot (DOT), and Litecoin (LTC). As of September 2025, it's holding steady above $4 billion, with daily trading volumes in the hundreds of millions. That's impressive staying power for a memecoin, where most fizzle out fast.

Technical Breakdown: Holders, Supply, and Whales

Diving into the numbers, PEPE boasts over 481,000 unique wallet holders according to Etherscan. That's more than Solana's POPCAT, which has around 144,000. The total supply is a massive 423 trillion tokens, but distribution raises some eyebrows.

About 13 wallets hold over 1% of the supply each. This includes exchange addresses, a burn wallet with nearly 7 trillion tokens, and five mysterious "whale" wallets controlling 10.66%—that's 45 trillion PEPE, worth roughly $440 million. If these big players decide to sell off, it could trigger wild price swings. Charts from Etherscan highlight this concentration, serving as a reminder that memecoins like PEPE are heavily influenced by a few key holders.

What's Next for PEPE in Q4 2025?

The big question from the BSC News tweet: Could PEPE shock the industry in Q4 2025? While the analysis doesn't drop exact price targets, it points to several factors that could fuel a rally—or lead to a flop.

At a $4 billion market cap, massive growth like a 100x jump seems unlikely; that'd push it past $400 billion, bigger than XRP or BNB. It's already listed on all the major exchanges—Binance, Coinbase, OKX, you name it—so no fresh listing hype to ride. However, if the broader memecoin sector heats up, especially on Ethereum, PEPE could benefit. Rising trading volumes might spark volatility, potentially driving prices higher.

On the flip side, history shows PEPE's prone to dramatic drops, like from $10.43 billion in December 2024 to $2.93 billion in March 2025. Without any real utility, it's pure speculation, which means Q4 could be a wild ride depending on market sentiment.

Community Strength and Past Drama

PEPE's community is a powerhouse, ranking it among the top three memecoins alongside Dogecoin (DOGE) and Shiba Inu (SHIB). High engagement keeps the trading volumes pumping, but it's not without scars.

Back in August 2023, three former team members allegedly swiped 16 trillion tokens—worth $15 million at the time, now around $155 million—and dumped them on exchanges like OKX, KuCoin, and Binance. It wasn't a hack but an inside job, as clarified on PEPE's official X account. The community bounced back, with control restored, proving PEPE's resilience.

Risks to Watch Out For

Memecoins are fun, but they're risky business. PEPE's value could plummet to zero if sentiment sours—no utility means no safety net. Those whale wallets add to the uncertainty; a big sell-off could crash the price. Always do your own research (DYOR) and only invest what you can afford to lose. The crypto world moves fast, and memecoins like PEPE are the speed demons of the bunch.

Wrapping It Up

PEPE's journey from a quirky meme to a multi-billion-dollar asset is a testament to the wild side of crypto. As BSC News hints, Q4 2025 could bring surprises, but it'll hinge on market trends and community hype. If you're into meme tokens, keep an eye on PEPE—it's got that OG status for a reason. For more insights on emerging memecoins and blockchain news, stick with Meme Insider. What's your take on PEPE's future? Drop a comment below!