As a fan of all things Pepe, I was following this project for a while. According to the ANN:
Also, in a now-deleted post:
However, as of block 48569, according to the block explorer:
So the dev admits relaunching the coin with a 94% premine, in contrast with the miner distribution schedule provided in the ANN. They made this change after they found they could get listed on an exchange. Clearly the project is a scam.
🔗 Source branch: Bitcoin Core 25.0
⚙️ Algorithm: SHA-256 (Proof of Work)
🪙 Coin name: KingPepe
🏷️ Abbreviation (Ticker): KPEPE
...
🎁 Block reward: 3 KPEPE
⛏️ Block halving: Every 210,000 blocks
🪙 Max coin supply: 21,000,000 KPEPE
...
⚙️ Algorithm: SHA-256 (Proof of Work)
🪙 Coin name: KingPepe
🏷️ Abbreviation (Ticker): KPEPE
...
🎁 Block reward: 3 KPEPE
⛏️ Block halving: Every 210,000 blocks
🪙 Max coin supply: 21,000,000 KPEPE
...
Also, in a now-deleted post:
KingPepe Coin Block Reward Schedule
| Era | Block Range | Block Reward (KPEPE) | Blocks | Coins Mined in Era (KPEPE) |
| 1 | 0 – 209,999 | 3.0000 | 210,000 | 630,000 |
However, as of block 48569, according to the block explorer:
This is nothing new — 80% of the coin’s premine will be injected into the market for trading, rewards, and giveaways. We’re simply aligning with Bitcoin’s current stage in circulation supply.
So the dev admits relaunching the coin with a 94% premine, in contrast with the miner distribution schedule provided in the ANN. They made this change after they found they could get listed on an exchange. Clearly the project is a scam.