Token Dossier
Pepe ($PEPE), taken apart the way the desk does.
Pepe (PEPE) Token Dossier · Token edition, as of 2026-11-13
The PEPE dossier is the desk's Pepe teardown written out as a document, with the figures a short video cannot hold in one place: the token in numbers, the supply in circulation against the total and the maximum, the protocol's fees and revenue where they are tracked, and the level map rebuilt from the latest price. A token files no quarterly report, so this is a shorter document than a stock dossier, and it is priced as such.
Look inside before you buy
1,175 words · about 5 min to read · 9 sections · data as of 13 November 2026
Table of contents
- What is in this dossier
- What this is not
- 1. The teardown
- The setup
- What it is
- What it earns
- The holders
- Who they are
- One person
- The case against
- The chart: Monday's close, per 1m pepe
- The verdict
- 2. What changed since it was written
- 3. The token in numbers (as of 2026-11-13)
- 4. The level map (as of 2026-11-13)
- 5. Sources
- 6. What this dossier cannot do
- More dossiers in this theme
Excerpt
1. The teardown
Written 2026-11-10, with prices as of 2026-11-10. Figures in this part are as the desk read them that day; parts 2 to 5 carry the numbers as of 2026-11-13.
The setup
Pepe has more than 600,000 holders. Yet 100 wallets hold 75% of every Pepe in existence. The coin is up 27% in thirty days. Who are those 100 wallets, and does it matter? The answer is 4 names, and one of them is a stock trading app.
What it is
It is a memecoin on Ethereum, launched in April 2023. A fund filing at the SEC describes the launch. The supply was 420.69 trillion coins. About 93% went straight into trading pools, and the team gave up its claim on them. The contract is locked. Nobody can create new Pepe, and there is no unlock schedule.
What it earns
Nothing. There is no fee paid to holders, no revenue, and no buyback. A price this small is hard to read, so I will quote it per 1 million Pepe. Monday's close was $5.13 per million. That values the whole supply at about $2.16 billion. The price rests on demand for the coin, and on who decides to sell.
The holders
Look at the holders. The data site CryptoRank counts 601,000 holders on Ethereum. The five largest wallets hold 27.4%. The 100 largest hold 75.2%. Everyone else, more than 600,000 wallets, shares under 25%.
One table from the document
4. The level map (as of 2026-11-13)
| Level | Price | Distance from the price |
|---|---|---|
| 52-week high (2026-01-05) | $0.000007194 | +62.4% |
| 200-day average | $0.000003545 | -20.0% |
| 50-day average | $0.000004455 | +0.6% |
| Price | $0.00000443 | |
| 52-week low (2026-07-02) | $0.000002323 | -47.6% |
The preview stops here. The full document is delivered by email after purchase.
What the dossier has that the video does not
One dated table for the token: price, market value, fully diluted value, supply in circulation, total and maximum supply, volume and the record high, with a plain read of what the table says. Where a data provider tracks the protocol, its fees and revenue over 30 days and one year, and how many times annualised fees the token trades at, said as an estimate.
Kept current
The dossier carries an "as of" date. The tables are rebuilt on a regular schedule and the desk's daily check flags any dossier left more than 45 days without a refresh. The written teardown keeps its date, and a line says how far the price has moved since.
What is inside
- The teardown in writing: what the token is, who earns it, the weak points and the verdict, dated.
- What changed since it was written: the price then and now.
- The token in numbers: market value, fully diluted value, supply in circulation, total and maximum supply, with a plain read.
- Fees and revenue of the protocol over 30 days and one year, where a public data provider tracks them.
- The level map rebuilt from the latest price: the 52-week range and the 50 and 200-day averages.
- Sources: a link to every data page used.
Buy it if
- You hold or watch $PEPE and want a structured read before acting.
- You want figures you can check yourself, not an opinion.
Skip it if
- You want a buy signal. A dossier explains and maps; it does not signal.
- You expect audited accounts. A token has none: the figures come from public data providers and are labelled as such.
How delivery works
Pay through Stripe, and the document arrives by email within seconds as a permanent link tied to your address. Read it in the browser or print it to PDF. Nothing to install, nothing recurring: a one-time purchase. Lost the email? Sign in to your library with the same address and it is there.
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An educational research publication, not investment advice, trade signals, a managed account, or an advisory service. Nothing in it is a recommendation to buy or sell any security. See our disclosures.