PEPE meme coin hits all-time high of $0.000000816. The price spike equates to an increase of almost 38,900% since its launch on April 14th.
By 24-hour trading volume, the ERC-20 token ranked as the 17th most traded cryptocurrency on Sunday. CoinGecko dataThanks to its rapid rise, PEPE burst into the top 125 coins by market capitalization.
While other top memecoins, including Dogecoin and Shiba Inu, have largely followed the lead of Bitcoin, PEPE emerged in mid-April and amassed a market cap of over $326 million in less than two weeks.
pepe meme
Based on the Pepe the Frog meme, the PEPE token follows an established pattern marked by social media hype. But like countless projects before it, it’s too early to tell if PEPE will be derailed any time soon. So far, at least, memecoins have managed to capture the imagination of the internet.
If PEPE can hold people’s attention longer, it could join the ranks of the limited meme tokens permanently embedded in the consciousness of the global cryptocurrency community.
PEPE holders eager to be listed on major exchanges
One of the factors affecting PEPE’s longevity is its listing on major cryptocurrency exchanges. Events like this may extend MemeCoin’s impressive run even further.
Consider, for example, when Floki Inu was listed on Binance earlier this week, its price surged by 50%.
A few days later, the memecoin market got excited again when the exchange issued PEPE. buyer guideAdmittedly, this guide only advises would-be investors to use decentralized exchanges. I did.
Of course, investing in memecoins is high risk. First of all, their prices are basically related to how much people are talking about online. And even those who find themselves in possession of a large amount of his PEPE tokens, peaked in value, without sufficient liquidity, can find it difficult to cash out.
Ultimately, whether your interest in PEPE is temporary or permanent, it certainly adds to the fascinating backstory of one little green frog.
First drawn by American cartoonist Matt Furie in 2005, Pepe the frog has at various times served as a 4-chan inside joke, an alt-right icon, and a symbol of resistance used by Hong Kong protesters. bottom. Who knows where this meme will go next.
PEPE sets sights on FLOKI Next
Following a recent all-time high that saw the price rise 40,000% over the past two weeks, PEPE’s market cap has now risen to $337 million.
Currently ranked number 5 in the memecoin category, memecoin is rapidly trailing fellow memecoin Floki (FLOKI). With his impressive 24-hour trading volume beaten only by Dogecoin, PEPE overtook his FLOKI with less than $8 million.
With the memecoin market overheating and PEPE’s continued bullish performance, the memecoin quickly entered the top 100, usurping FLOKI before its next victim, Baby Doge Coin (BABYDOGE.
Disclaimer
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