Meme Coin PEPE Takes Center Stage, Surpasses Dogecoin and Shiba Inu

PEPE, a meme coin based on Pepe the Frog memes, has hit a new all-time high of $0.000000816, representing a 38,900% increase since its launch on April 14. The ERC-20 token ranked as the 17th most traded cryptocurrency by 24-hour trading volume on Sunday, and it has broken into the top 125 coins by market capitalization. While other meme coins have been tied to Bitcoin’s cues, PEPE has managed to capture the internet’s attention and amassed a market cap of over $326 million in less than two weeks. One factor that could impact its longevity is a listing on a major cryptocurrency exchange, such as Binance, where Floki Inu’s listing caused its price to spike by 50%. However, investing in meme coins is high risk and vulnerable to price manipulation, and cashing out may prove difficult. As of now, PEPE is setting its sights on fellow meme coin Floki, with an impressive 24-hour trading volume that was only beaten by Dogecoin. The meme coin market is heating up, and PEPE could soon break into the top 100 and potentially usurp other meme coins.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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