Hey there, meme coin enthusiasts and blockchain explorers! Let’s talk about a specific PEPE token that’s making waves on the Solana blockchain. While you might know the famous Ethereum-based PEPE, this one is a distinct project leveraging Solana’s speed and lower transaction costs.

This particular PEPE token goes by the symbol PEPE and lives on the Solana network with the token address AGF2AW8nosA9rDxgfkHpqN5tTxoqBPreS5MqhRxxzg6i. It’s inspired by the iconic “Pepe the Frog” internet meme, aiming to build a fun, community-driven ecosystem.

What’s the Deal with PEPE on Solana?

Think of PEPE on Solana as a meme coin through and through. Its main purpose? To ride the wave of meme culture and leverage Solana’s robust infrastructure for fast, cheap transactions. Unlike many traditional crypto projects, this PEPE is upfront about its lack of complex, intrinsic utility. It’s all about community engagement, trading, and embracing the meme coin spirit. It even boasts a “no-tax policy,” meaning you only pay Solana’s minimal network fees when transacting.

Interestingly, some in the community claim this Solana version actually came out before the Ethereum one, positioning itself as the “original” PEPE in the crypto space. It operates entirely within the Solana ecosystem, offering an alternative experience with lower gas fees compared to Ethereum’s often high costs.

Token Details at a Glance

Here’s a quick rundown of the tech specs:

• Token Symbol: PEPE
• Contract Address: AGF2AW8nosA9rDxgfkHpqN5tTxoqBPreS5MqhRxxzg6i
• Blockchain: Solana
• Token Type: SPL-TOKEN
• Decimals: Data wasn’t readily available across sources.
• Total Supply: This is where things get a little fuzzy depending on where you look. Some reports mention 999.95 Million, while others state 9.99 Trillion or even a flat 1 Billion. The fully diluted valuation often aligns with a 1 Billion supply being fully circulating. This discrepancy definitely calls for more investigation!
• Circulating Supply: Often reported as the full total supply (e.g., 1 Billion), implying all tokens are potentially tradable.

Market lowdown (as of April 24, 2025)

Meme coins are known for wild price swings, and PEPE on Solana is no different. Here’s a snapshot of its market status:

• Current Price: Typically trading at a very low value, less than $0.00000001.
• Market Cap: Figures vary wildly (e.g., $33.36K reported by one source, or around $105,000 based on BTC conversion from another). Data on circulating market cap is sometimes listed as unavailable.
• Fully Diluted Market Cap: Roughly $8.99K or approximately $105,000, depending on the source and supply figure used.
• 24h Volume: Varies, with some sources showing no data and others reporting around $72,980.41, mainly from trading on Raydium.
• Price Performance: Like many meme coins, it can experience significant volatility. As of April 2025, reports showed a slight positive trend over 7 days compared to broader market downturns.

Where can you trade PEPE on Solana?

Most of the action for PEPE on Solana happens on Decentralized Exchanges (DEXs). The main spot is Raydium, particularly the PEPE/SOL trading pair. You might also find it on platforms like DEXTools (via DEXTswap) and potentially others as it gains traction. Some sources mention GroveX and Raydium (CLMM) as well. Centralized exchange listings are often on the roadmap for meme coins but aren’t confirmed yet for this one.

Security and Risks – What to look out for

The good news is that being an SPL-TOKEN on Solana means it benefits from some baseline security features. Analyses indicate that minting is disabled, freezing is disabled, and the liquidity pool (LP) is either burned or locked. This helps prevent “rug pulls” where creators drain funds. The token distribution is noted as diverse, and there are no auto-freeze or permanent control risks. The metadata seems immutable, and there are no custom fees beyond network costs. Sufficient liquidity is confirmed.

However, it’s not without risks, and it’s important to be aware:

• High Volatility: This is standard for meme coins. Prices can skyrocket or plummet in moments.
• Limited Utility: Its value is primarily driven by speculation and community hype, not inherent use cases.
• Moderate Liquidity Risk: While sufficient liquidity is confirmed, some analyses point to a low number of liquidity providers. This can make the token more susceptible to price manipulation and sharp swings.
• Wallet Clusters: It’s always wise to look into how tokens are distributed to spot potential risks from large holders.
• Solana Network Stability: While generally robust, Solana has experienced network outages, which could impact trading access.
• Anonymous Team: The identity of the development team isn’t public, which is common for meme coins but raises questions about long-term accountability.
• Competition: The Solana meme coin space is crowded with tokens like Bonk and Slothana. PEPE needs to stand out.

Community Vibes

The community is a major driver for meme coins like PEPE on Solana. With thousands of holders, there’s an active base of meme enthusiasts and crypto traders. They’re quite active on social media platforms like X (@PepeOnSOL), sharing updates, engaging in activities, and fostering a sense of belonging. There was even a claimed “Community Takeover” in late 2024, suggesting the project’s direction is now more community-led. Activities include meme creation, podcasts, and gaming events.

Checking out PEPE on Solana with GMGN.AI

If you’re looking for tools to track and analyze meme tokens like PEPE on Solana, platforms like GMGN.AI can be super helpful. GMGN.AI specializes in tracking meme tokens across different chains, including Solana. It offers features like real-time analytics, smart money tracking (following big investors), and security checks to help you spot potential risks like honeypots or high transaction taxes. It can give you comprehensive info on PEPE’s performance, trends, and trading options. They charge a simple 1% transaction fee without requiring subscriptions for core features.

Summing it up

The PEPE token on Solana (address AGF2AW8nosA9rDxgfkHpqN5tTxoqBPreS5MqhRxxzg6i) is a true meme coin capitalizing on the “Pepe the Frog” legacy and Solana’s efficient blockchain. It’s built on a strong community and benefits from Solana’s speed and low costs. While it has some good security basics in place (like disabled minting/freezing and locked LP), its nature as a meme coin means it comes with significant risks, including high volatility and a lack of intrinsic utility. The conflicting reports on its total supply are also something to keep in mind.

Just like any meme coin, PEPE on Solana is a highly speculative asset. If you’re thinking about getting involved, do your own thorough research, understand the risks, and only invest what you can afford to lose. Staying informed about community developments and using tools like GMGN.AI can help you navigate this volatile market.