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Home Cryptocurrency PEPE’s Latest All-Time High Beats Litecoin, Polygon: More Info

PEPE’s Latest All-Time High Beats Litecoin, Polygon: More Info

by xyonent
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Pepe Cb 6.jpg

summary

  • Pepe (PEPE) hit an all-time high of $0.00001717 and its market cap has exceeded $7 billion, making it the 21st largest cryptocurrency.
  • The asset’s 24-hour trading volume exceeded $1.8 billion, surpassing other meme coins such as Dogecoin and Shiba Inu.

PEPE continues to rise

Frog-themed meme coin – PEPE – It seems that he has There are no limits and it hit a new all-time high today (May 27th). After a slight pullback from its most recent peak, it’s currently worth around $0.00001676, representing a weekly surge of 80% and a staggering 1,000% increase since May of last year.

PEPE Price
PEPE price, Source: CoinGecko

Its market capitalization has grown rapidly and recently surpassed the $7 billion mark, thus allowing the token to surpass well-known altcoins such as Litecoin (LTC) and Polygon (MATIC).

PEPE is currently the third largest meme coin behind the leaders Dogecoin (DOGE) and Shiba Inu (SHIB), but it surpasses its rivals in one respect: important According to CoinGecko data, PEPE’s trading volume in the last 24 hours was Reached It’s over $1.8 billion, but DOGE and SHIB combined are just over $1 billion.

The token’s recent success is is more than impressive Considering the facts As of early May, its market capitalization was less than $3 billion. Currently, over 96% of PEPE holders sit Based on book profits (data from IntoTheBlock).

Binance is one of the cryptocurrency exchanges that has responded to the recent surge in cryptocurrency prices and increased interest from industry players. As CryptoPotato reportThe company has included the PEPE/EURO trading pair in the list of options offered on Binance Spot.Trading bots are also possible Optional services as described above.

Is there room for further growth?

Crypto X is filled with users who believe the PEPE bull run is not nearing the end just yet, including content creator JAKE, who claims the asset’s $7 billion market cap is “undervalued.”

Another X user was suggested They believe that PEPE’s rise is “still in its early stages,” and they envision that further appreciation of the asset will “pave the way for other meme coins.” follow.

How to handle tokens It seems like A successful investment option that can bring you millions of dollars in profits. Blockchain Analytics Platform – Lookonchain – Revealed The case of a trader who bought PEPE in December last year and cashed out a few hours ago, making around $2.5 million.

But participating in the meme coin ecosystem can also be extremely risky due to its notorious volatility. If you’re thinking of jumping on the bandwagon, check out our dedicated video to protect yourself from common mistakes.

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