1. Background of Pepe Airdrop and Origins of Meme Culture

A Decentralized Community Experiment

Pepe Airdrop (AIRPEPE) was launched anonymously on May 24, 2023, as an ERC-20 token on Ethereum, aiming to be a “100% community-owned meme coin.”

Key Features:

• Token distribution: The total supply is 420.69 trillion, with 50% (210.34 trillion) distributed through airdrops, and the remaining 50% injected into the liquidity pool and the permissions destroyed.
• Decentralization commitment: Ownership renounced, liquidity pool (LP) tokens burned, no team allocation, and zero transaction tax.
• Strategic Positioning: Low-barrier airdrops attract users. There are future plans for DEX tools (such as swapping and staking functionalities).

MEME Culture Gene: From Pepe Frog to Crypto Frenzy

The Pepe image originated from the 2005 comic ‘Boy’s Club’ and later became a symbol of Internet subculture. In 2023, Pepe-themed tokens (such as PEPE) surged in the crypto community, with a market value once ranking in the top 30. AIRPEPE took advantage of the MEME trend, catering to retail speculative demand with a ‘fair launch + airdrop’ model, echoing the slogan ‘Make Memecoins Great Again’ in response to Trump’s election culture.

Source:Pepe the Frog - Wikipedia

2. AIRPEPE Tokenomics and On-Chain Data Analysis

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AIRPEPE Key Metrics

Token Distribution Table

On-chain data (as of 2025/04/10)

• ​Holding addresses: 61, the top 10 addresses hold 98.2% of the tokens, high concentration.
• Liquidity: Uniswap V2 pool liquidity is approximately $1,890 (0.757 WETH), with a market cap/liquidity ratio of 1.43, indicating extremely high volatility risk.
• Price performance: All-time high price 0.0000012 (12/2024), lowest price 0.0000012 (12/2024), lowest price 0.00000003 (06/2023), current price $0.0000006.

Source:Gmgn.Ai

3. Competitive Landscape and Market Trends in the Meme Coin Sector

Meme 2.0 Trend: From Cultural Symbol to Application Scenario

In 2025, meme coins remain a highlight of the bull market. Driven by Trump-era policies and AI narratives, leading tokens like PEPE have reached multi-billion dollar valuations. Emerging players like $FO from the FO.COM ecosystem are building use cases via NFT-token integrations, potentially heading toward billion-dollar caps.

In contrast, AIRPEPE currently lacks functional use cases and heavily depends on community hype, facing challenges from low liquidity.

PEPE vs. AIRPEPE​​

4. AIRPEPE Price Prediction and Investment Risk

If the bull market continues, AIRPEPE could potentially hit $0.000002 by the end of 2025 (a 233% increase), provided that:

• Liquidity increased to over $100,000
• The number of holding addresses has exceeded 1,000.
• The project party has launched the staking function

Short-term risk

• Liquidity crisis: Low liquidity makes prices easy to manipulate.
• Regulatory Uncertainty: The SEC’s increasing regulation of MEME coin in the United States may trigger market panic.

Potential Risk from Missing Official Communication Channels

During the research, it was found that the official X (formerly Twitter) account of AIRPEPE is @airpepecoinCurrently in a ‘account does not exist’ state (as of April 10, 2025), this phenomenon has raised doubts in the community about the transparency of the project. Although the project team claims it is ‘completely community-driven,’ the lack of core communication channels may lead to the following risks:

• Asymmetric information: The community cannot obtain project dynamics, airdrop rules, or technical upgrade plans through official channels, and relies on third-party platforms (such as DEX data panels) to disseminate information, which easily breeds rumors or misleading operations.
• Crisis of trust: The success of MEME coin highly depends on community consensus and communication efficiency. Top projects like PEPE and DOGE maintain popularity through high-frequency interactions, while the ‘invisible’ status of AIRPEPE may weaken investor confidence.
• Technical verification difficulties: The project party has not provided a white paper or audit report. Although the contract address (0xF04336D85ac722fe5c8E619651BA014Fc67F0602) can verify the token distribution through Etherscan, the lack of team background disclosure increases speculation.

5. Pepe Airdrop Summary

PEPE Airdrop (AIRPEPE) enters the Meme track with an aggressive airdrop strategy, and its decentralized concept conforms to the trend of community autonomy, but the lack of liquidity and low community base are the main bottlenecks. Investors need to pay attention to the development of its DEX tools and the distribution of holding addresses. It is recommended to dip a toe in with a small amount in the short term, and observe the effectiveness of ecological construction in the long term.

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