In the aftermath of the broader crypto market downturn, top cryptocurrency assets Bitcoin and Ethereum moderately rose between 1.2% and 1.6% respectively over the past 24 hours. However, meme token Pepe (PEPE) surged 77% against the US dollar, and its market cap ballooned to $141 million, just $24 million below its all-time high valuation. Other major meme coin assets, including dogecoin and shibu inu, rose 1.2% to 1.4% today.
Pepe and Babypepe Tokens Soar in Value While Meme Coin Market Drops
of memecoin market It has fallen 3.1% against the US dollar over the past 24 hours and is now at $18.9 billion.8 of the Top 10 Meme Coins Increased in New Cryptos Daily on Saturday PEPE leading the way. PEPE is up 77% on its final day and is now 513.15% above the meme coin’s all-time low of $0.000000055142 per unit set on April 18th.
The new PEPE coin is up 77% today, but remains down more than 15% from its all-time high set on April 20th. Exceeded $165 million. Currently, the meme coin market value of $0.000000336030 per unit is currently at $141 million. Interestingly, despite being hosted on a centralized cryptocurrency exchange, Uniswap v2 is currently the most active exchange for PEPE trading.
Other notable risers in the memecoin market on Saturday include Baby Dogecoin (BABYDOGE), up 10% against the US dollar, floki (FLOKI), up 5.5%, and dejitaru tsuka, up 7.5% against the US dollar. (TSUKA) was included. In terms of memecoin trading volume on Saturday, Dogecoin (DOGE) Leading by $610 million in the past day, Shibu Inu (SHIB) recorded $172 million in global 24-hour trading volume. PEPE hit $54 million with his third-highest volume of meme coins for the weekend.
PEPE’s profits appear to have boosted the value of other Pepe the Frog-related crypto assets in the last 24 hours. Zukpepe 9.9% increase, Macpepe’s 4.1% jump, PEPE.bet 0.7% increase. Interestingly, according to the Coingecko.com metric: baby pepe (BABYPEPE) posted a 132% gain against the US dollar on the final day. Babypepe, like his new PEPE token, is just days away from collecting fiat value on April 18, 2023. coinmarketcap.com Do not list market valuations for new coins.
What do you think the future holds for crypto assets related to Pepe the Frog and do you think their value will continue to rise? Share your thoughts in the comments below.
image credit: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. This is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any product, service or company. Bitcoin.com It is not intended to provide investment, tax, legal or accounting advice. NEITHER THE COMPANY NOR THE AUTHOR WILL BE LIABLE, DIRECTLY OR INDIRECTLY, FOR ANY DAMAGE OR LOSS ARISING OR ALLEGED TO OCCUR ARISING OUT OF OR RELATING TO YOUR USE OF OR RELIANCE ON ANY CONTENT, PRODUCTS OR SERVICES DESCRIBED IN THIS ARTICLE. We are not responsible.
