PEPE coin, a cryptocurrency inspired by the popular internet meme Pepe the Frog, has experienced a remarkable rise in value and market capitalization. This week alone, the price of PEPE has surged by over 140%, causing the market cap to reach an impressive $1.12 billion. Analysts predict that the market cap could potentially reach $1.8 billion in the near future.
This significant growth highlights the increasing traction of meme coins within the cryptocurrency landscape. PEPE's unique characteristics, including its large total supply and lack of locked or burned tokens, contribute to its appeal in the meme coin market.
Technical analysis of PEPE's price chart on a daily basis reveals a strong upward trend. Over the past week, month, quarter, and half-year, the price has increased by 140%+, 152%+, 153%+, and 233%+, respectively. Year-to-date, PEPE has also seen significant growth of 107%. As of writing, the price sits at $0.00000268257 with an intraday gain of 0.93% and a trading volume of $1.39 billion, further reinforcing the bullish sentiment.
It's important to note that this information is for informational purposes only and does not constitute financial advice.
