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Pepe climbs to new ATH as market cap approaches $1B

Ethereum-based Pepe Memecoin hit a new all-time high of $0.000002322 earlier today after surging by over 50% in the past 24 hours. cryptoslate Figures.

According to Coingecko, during this period, MemeCoin’s market cap rose to a high of $931 million before falling back to its current level of $864.54 million. statistics,

Pepe’s market capitalization overtakes Terra Classic, others

Memecoin is ranked as the 61st largest crypto asset by market cap – including Terra Classic (LUNC), Optimism (OP), Huobi Token (HT), BitTorrent (BTT), MakerDAO (MKR), USDD, and others. above several important crypto assets. Other.

The meteoric rise in Pepe’s market capitalization has prompted speculation that it could soon reach $1 billion.

Although its market cap is still lower than Dogecoin and Shiba Inu like Memecoin, its trading volume has surpassed them in the last 24 hours. According to COINGCO statisticsAt press time, Pepe had a 24-hour trading volume of $647 million, while DOGE had a trading volume of $323 million and SHIB $109 million.

pepe is still printing millionaires

cryptoslate The report states that Memecoin has featured several millionaires as early buyers are profiting from the asset.

on-chain analyst lookonchain informed of how a whale Exchanged almost all of his assets for Memecoin and made a profit of $1.23 million.

Meanwhile, massive publicity and strong community support have been the primary reasons for its performance, which creators are capitalizing on as well as the Pepe Frog meme’s current popularity.

Multiple exchanges such as ByBit, BitMEX, OKX and MEXC. PEPE and its permanent contracts are listed.

However, major exchanges such as Binance have not yet listed it. In a recent AMA session, Binance CEO Changpeng ‘CZ’ Zhao said that the exchange may list the token if it continues the trend and sees an increase in demand.


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