Trading Education Platform SystemSubscribe for Free
Reality Check / Pepe
REALITY CHECK · PILOT · VERIFIED 7 OCT 2026

Pepe

Weak evidence Evidence 95%

61
Evidence score: what we could verify, not a forecast
What can be checked

Key facts

TeamAnonymous
Why

The project site says 'There is no formal team or roadmap' and disclaims any association with Matt Furie. Blockworks' filing describes the team as anonymous and says the multisig signers were never publicly named.

source source
Legal entityNone found
Why

Blockworks' filing states no labs/DevCo, foundation or DAO exists and no jurisdiction is disclosed; the site names no entity (footer: 'Pepe'). Note: the launch allocated 6.9% of supply to a team multisig, so an anonymous group did control tokens at launch.

source source
Independent auditNone found
Why

Etherscan shows 'No Contract Security Audit Submitted' for the PEPE contract and none is mentioned on the official site. No audit found elsewhere (absence of evidence, not proof).

source source
Control riskNo privileged key
Why

Contract source includes owner-only blacklist() and setRule() (trading limits) functions, and a mint only in the constructor. On 2026-10-07 owner() on the contract returns the zero address (ownership renounced, read via Ethereum RPC; also reported by Ethplorer and Blockworks), so those functions can no longer be called. Renounced rather than absent by design, but no privileged key remains. No proxy/upgrade, per the Blockworks filing. Anonymous holders of the launch team multisig can still sell their tokens (see unlock).

source source source
New supply, next 12 months0%
Why

No vesting or unlock schedule: per Blockworks, no cliff, vesting or time lock applied to any allocation and the 6.9% team multisig was spendable from launch. Roughly 25% of the original multisig holdings remained as of the Canary ETF S-1 (per Blockworks), unlocked and freely movable at any time. Supply is fixed (no mint function); 6.9T PEPE were burned in Oct 2023.

source source
Revenue evidenceNone to check
Why

A memecoin with no protocol, fees or revenue concept; no issuer revenue is reported (Blockworks filing reports no treasury, DevCo or token sales).

source
Market context

Price beside proof

Market cap$1.72Brank 61 · 7 Oct 2026
Fully diluted value$1.72B
Annual fees (DefiLlama)n/a
How measured

PEPE is an ERC-20 memecoin with no protocol, fees or revenue stream; nothing to report.

Market cap per $1 of feesn/a
Top 10 holders (not scored)37.33%
How counted

Ethplorer top 10 shares on 2026-10-07 (share of total supply 420.69T): 8.83, 6.76, 6.17, 3.35, 3.08, 2.04, 1.91, 1.80, 1.75, 1.64 = 37.33%. INCLUDES the burn address 0x...dead (1.64%) and exchange/custody wallets: 0x5a52...efcb is 'Binance 28' (Etherscan). Labels for the other addresses were not found (Blockscout shows no tags), so how much is exchange, contract or individual is unverified. Ethereum only.

Listed on KrakenYesKraken audit

Context only: not scored and not a valuation. Aggregator data as of 7 Oct 2026.

Price and a what-if

Today's price, and what it would take

Price$0.00000408snapshot 7 Oct 2026
Last 30 days

Snapshot from the aggregator on 7 Oct 2026. The live price loads from CoinGecko when your browser allows it.

What-if lens: not applicableThis asset has no fees or protocol revenue to anchor on, so this lens does not apply. It is a limit of the method, not a verdict.
Score breakdown

Where the points come from

Accountability0 / 15
Team publicly identified: no; Legal entity or foundation identified: none found
Code and audits5 / 15
Independent audit published: none found; Source code public: yes
Control risk10 / 10
No privileged key found that can change rules, mint or freeze outside open consensus
New supply10 / 10
New supply entering circulation in the next 12 months: up to 0% of supply
Verifiable revenue0 / 10
No revenue or fees to check
Security record15 / 15
Worst incident in the last five years scored: 15 of 15
Compliance record15 / 15
No regulator or court action found in our search
Track record

Incidents and legal actions

Incidents

  • 2025-12 Security firms (Blockaid) reported that the official Pepe website had a front-end injection carrying 'Inferno Drainer' wallet-drainer code, redirecting visitors to malicious links. This was a website compromise, not a smart-contract or protocol exploit. Outcome: Forklog (5 Dec 2025) reported no stolen funds or total losses figure; whether any user lost funds, and when the site was fixed, was not verified. No user funds lost source

Regulator and court actions

  • None found in our search.
Limits

What we could not verify

Not verified: who controls the post-2023 team multisig and its threshold (unpublished per Blockworks); labels for 9 of the top-10 holder addresses; whether the Dec 2025 website compromise caused any user losses; the Blockworks filing is compiled from public sources and project-supplied information it does not verify (it is marked 'Partial - 4 gaps'); no audit exists as far as found. CoinGecko page text showed a wrong price ($0.054066 without subscript notation); used markets API price of $0.00000408 (rounded by the API).

Facts as of 7 Oct 2026. Searches are not exhaustive. Report an error with a source: corrections policy. Education only, not investment advice.

Sources

  1. [1] CoinGecko markets API (PEPE) read 2026-10-07 accessed 2026-10-07
  2. [2] CoinGecko Pepe page accessed 2026-10-07
  3. [3] Kraken Pepe price/listing page accessed 2026-10-07
  4. [4] pepe.vip (official site) accessed 2026-10-07
  5. [5] Blockworks Token Transparency: Pepe filing (2 Sep 2026; compiled from public sources) accessed 2026-10-07
  6. [6] Etherscan: PEPE token page (verified, no audit submitted, 593,764 holders) accessed 2026-10-07
  7. [7] Blockscout: PEPE verified source (PepeToken, Solidity 0.8.0) accessed 2026-10-07
  8. [8] Ethereum RPC eth_call owner() on PEPE contract (returns zero address) accessed 2026-10-07
  9. [9] Ethplorer: PEPE top holders accessed 2026-10-07
  10. [10] Etherscan: 0x5a52...efcb labeled Binance 28 accessed 2026-10-07
  11. [11] Forklog: Pepe website hacked, Inferno Drainer (5 Dec 2025) accessed 2026-10-07
Questions

Common questions about Pepe

Is Pepe a good investment?

This page does not say, and it is not investment advice. It shows what can be checked. In our pilot check, Pepe shows weak evidence, score 61 out of 100, with 95% of the evidence verified. Price and market value are context, not a valuation. Use the key facts and sources above and decide for yourself.

Who controls Pepe?

Control risk: No privileged key. Details and sources are in the key facts above.

Has Pepe been independently audited?

Independent audit: None found. Details and sources are in the key facts above.

How much new PEPE supply is coming in the next 12 months?

New supply in the next 12 months: 0% of the current supply. Details and sources are in the key facts above.

Does Pepe have revenue we can check?

Revenue evidence: None to check. Details and sources are in the key facts above.