PEPE: Leading the Bull Run of Meme Crypto Assets with a Remarkable +72% Price Surge

Bombolo | News and Media

In the realm of cryptocurrency, there is a new contender making a splash on the global stage. PEPE, the popular meme-frog cryptocurrency, has recently experienced a remarkable surge, outperforming other meme coins such as DOGE and SHIB. With its impressive price pump of +72% in just one week, PEPE has emerged as the leader of the current bull run among meme coins.

Also Read: PEPE Coin: Top 100's Biggest Gainer with 40% Rally in 24 Hours

PEPE's Astonishing Price Surge

According to the latest data from CoinMarketCap, PEPE's price has undergone a phenomenal increase of +72% in the past week. Merely seven days ago, PEPE was valued at $0.0000009207, but it has soared to $0.000001582, reaching a high point of $0.0000017 yesterday. This substantial surge has caught the attention of the crypto community worldwide.

Growing On-Chain Crypto Holders

PEPE's success is not only reflected in its price surge but also in the growing number of on-chain holders. Currently, PEPE boasts over 125,000 holders, with a significant presence on the Ethereum blockchain (121,900 holders), Binance Smart Chain (5,700 holders), and Arbitrum (997 holders). This widespread adoption and support further contribute to PEPE's popularity and market performance.

Rising Market Capitalization and Trading Volume

PEPE's market capitalization has been steadily rising, propelling it to the 64th position in the overall ranking with a total market cap of $620 million. It is worth noting that PEPE achieved these impressive milestones within just a month of its launch, adding to its growing list of accomplishments.

Moreover, PEPE has experienced a substantial increase in trading volume over the past 24 hours, with a notable growth rate of +16%. This surge in trading activity demonstrates the heightened interest and confidence in PEPE as an investment opportunity.

Also Read: "$SHIB Price 1 cent ($0.01) is technically possible by 2030", Top crypto experts explain

Comparing PEPE with Other Meme Cryptocurrencies

To gain a broader perspective, let's compare PEPE's performance with two other major meme cryptocurrencies: Dogecoin (DOGE) and Shiba Inu (SHIB). While DOGE and SHIB have also followed the bullish trend this week, their price pump percentages differ from that of PEPE.

DOGE, the eighth-largest cryptocurrency by market capitalization, witnessed a +7.77% price pump last week. However, its trading volume experienced a 26% drop over the past 24 hours, indicating a slightly different trajectory compared to PEPE.

Similarly, SHIB, ranking 17th in market cap, experienced a more substantial price pump than DOGE but still falls short of PEPE's performance. SHIB's price increased by 17% last week, accompanied by a significant surge in trading volume (+42% in the past 24 hours).

PEPE's Impact on the Crypto Market

PEPE's remarkable price surge has not gone unnoticed, as it claimed the ninth position in global trading volume among the top ten coins, with $682 million in trades within the last 24 hours. This surge in popularity and trading activity signifies the growing confidence and recognition of PEPE within the crypto market.

Also Read: Future of ApeCoin (APE): Comprehensive Price Predictions and Market Analysis

Noteworthy Performances of Other Meme Coins

While PEPE stands out in its recent achievements, it's worth mentioning that other meme coins have also witnessed significant price pumps. For instance, Miledy Meme Coin (LADYS) experienced a remarkable +36% increase last week. Similarly, FLOKI, ranking 110th in market capitalization, saw a noteworthy +26% price pump.

However, it's essential to note that not all meme coins have followed the overall bullish trend. Jesus Coin (JESUS), another meme coin, defied the prevailing market sentiment with a price dump of -52% over the past seven days.

PEPE's Recognition on Social Media and Crypto Exchanges

PEPE's accomplishments have garnered attention on various social media platforms. The cryptocurrency took to Twitter to share its milestones, boasting a staggering 128,600 on-chain holders, including 121,900 on the Ethereum blockchain, 5,700 on Binance Smart Chain, and 997 on Arbitrum.

In addition, Gemini's crypto exchange contributed to the hype surrounding PEPE's surge by tweeting a video message involving the beloved meme frog. The message conveyed that "This is the end of the crypto winter," further fueling excitement among the crypto-community.

PEPE, the meme-frog cryptocurrency, has undoubtedly made its mark in the crypto market with its outstanding performance. With an impressive price pump of +72% in just one week, PEPE has established itself as the leader of the current bull run among meme coins. Its growing number of on-chain holders, rising market capitalization, and increased trading volume all contribute to its success and growing popularity.

Also Read: Pepe Coin: Unleashing Its Millionaire Potential - From $100 to $1.12 Million

FAQs

1. What is PEPE?

PEPE is a popular meme-frog cryptocurrency that has gained significant traction in the crypto market.

2. How much has PEPE's price increased?

PEPE's price has surged by +72% in the last week, positioning it as the leader among meme coins.

3. How many on-chain holders does PEPE have?

PEPE proudly celebrates over 125,000 on-chain holders, with a notable presence on the Ethereum blockchain, Binance Smart Chain, and Arbitrum.

4. What is PEPE's market capitalization?

PEPE's market capitalization is $620 million, propelling it to the 64th position in the overall ranking.

5. How does PEPE compare to other meme cryptocurrencies?

PEPE has outperformed other meme coins such as DOGE and SHIB, with a higher price pump percentage and increased trading volume.