What is Pepe by Jason Furie (PEPE) crypto coin?

Most people know Pepe the Frog. It’s that weird, grinning frog meme that showed up everywhere - on Reddit, Twitter, even in random Slack channels. But there’s another Pepe out there, one you won’t find on Google Trends or CoinMarketCap’s top 100. This one is called Pepe by Jason Furie, and it’s not what you think.

Back in 2017, someone named Jason Furie - who claims to be the brother of Matt Furie, the original artist behind Pepe the Frog - posted a new version of the meme on Tumblr. In this version, Pepe is juggling a pizza, a phone, and a can of Coke. It’s silly. It’s random. And somehow, years later, a group of fans turned it into a cryptocurrency.

That’s right. A meme drawing became a token. On Ethereum. With a contract address: 0xd663ce0c9f55968b42837954348eafeb5b9e5d82. But here’s the catch: no one really knows if Jason Furie is real. No interviews. No website. No Twitter account tied to the project. Just a token, a story, and a whole lot of confusion.

How much is Pepe by Jason Furie actually worth?

Try Googling the price of PEPE. You’ll get flooded with results for the real PEPE token - the one that hit $1 billion in market cap in 2023. That’s not this one. This version? It’s practically invisible.

On CoinPaprika, it shows a price of $0.000000 and a market cap of $0. CoinCodex says it’s worth about $0.0000000009389. LiveCoinWatch says $0.000000000055. CoinBrain says $0.000000000057. Phantom Wallet, which tracks wallets on Ethereum, says the total value of all these tokens combined is just $3,580 as of May 2025.

That’s less than the cost of a good coffee in Wellington. And it’s not even stable. One day it’s $3.5K, the next it’s $24K. Why? Because there’s almost no trading. The 24-hour volume ranges from $22 to $82,609 - but that spike? Probably one person buying a few million tokens at once. Then it drops back to pennies.

Where can you trade it?

You won’t find Pepe by Jason Furie on Binance, Coinbase, or Kraken. Not even on Uniswap’s newer versions. It lives only on Uniswap V2 - an old, less secure version of the decentralized exchange. That’s it. 100% of trading happens there. No other platform lists it. No liquidity pools beyond that one. No market makers. No institutional interest.

That’s a red flag. Real tokens - even tiny ones - usually spread out across multiple exchanges. This one? It’s trapped. And that makes it dangerous. If someone decides to dump 90% of their holdings, the price could crash to zero in seconds. And there’s no one to stop it.

Is it verified? Can you trust it?

Phantom Wallet, a popular Ethereum wallet, labels Pepe by Jason Furie as "unverified." Their warning says: "Only interact with tokens you trust." That’s not just caution - that’s a warning. This token doesn’t have a team, no roadmap, no whitepaper, no GitHub updates, no Discord server. Just a contract address and a story.

To even buy it, you have to manually add the contract address to your wallet. MetaMask, Trust Wallet, Ledger - they won’t show it by default. You have to type in the long string of numbers and letters. One typo, and you could send your ETH to a scam contract that looks almost identical. There are dozens of fake PEPE tokens out there. This one might be real. Or it might just be the luckiest copycat.

Who even uses this?

No one.

Check Reddit’s r/CryptoCurrency. Nothing. No threads. No comments. No memes. No debates. CoinMarketCap has zero user reviews. Twitter? No official account. Telegram? No group. Even on obscure crypto forums, this token barely gets a mention.

Compare that to the real PEPE token. It had memes everywhere. Elon Musk joked about it. YouTubers made videos. People bought it because it was fun, not because they thought it would make them rich. Pepe by Jason Furie? No one’s laughing. No one’s sharing. No one’s talking.

Trading volume suggests fewer than 100 people trade this token daily. Most transactions are under $1,000. That’s not a community. That’s a handful of people trying to see if they can flip a few thousand tokens for a few cents profit.

What’s the point?

Why does this exist?

Some say it’s a tribute. A fan project. A way to honor Matt Furie’s creation through a different lens. Others think it’s a scam dressed up as nostalgia. Either way, it has no utility. No DeFi integration. No staking. No governance. No plan to do anything beyond exist.

It’s not trying to solve a problem. It’s not building anything. It’s just a token with a story that no one believes - and a price so low, it’s almost meaningless.

Should you buy it?

Here’s the truth: if you’re looking to invest, don’t. This isn’t an investment. It’s a gamble with a 99.9% chance of losing your money.

Even the long-term price predictions - like one that says it could hit $0.00000000431 by 2033 - are meaningless. That’s still less than one ten-billionth of a dollar. To make $100, you’d need to own over 23 trillion tokens. And that’s assuming the token still exists in 2033.

Gas fees on Ethereum? Around $5 to $10 per transaction. If you buy $10 worth of PEPE by Jason Furie, you might pay $5 in fees. You’d be out $5 before you even started. And if you try to sell later? The fee might be higher than what you’re trying to cash out.

There’s no upside. Only risk.

What’s the real lesson here?

Pepe by Jason Furie isn’t a crypto project. It’s a cultural artifact - a glitch in the blockchain. It’s what happens when internet culture meets finance without any guardrails. It’s proof that anyone can create a token. But not everyone should.

The original Pepe meme became a symbol of online chaos. This token? It’s just chaos with a contract address.

If you’re curious? Sure, you can buy a few tokens. Play with it. Add the contract. See how it looks in your wallet. But don’t put money into it. Don’t expect returns. Don’t believe the hype. This isn’t the next Bitcoin. It’s not even the next Dogecoin. It’s a footnote.

And maybe that’s the point.