The most popular meme coin on the market has kept surprising everyone. After being listed on Binance earlier today, Pepe Coin’s (PEPE) market cap has exceeded $1.5 billion, up almost 900%. CoinGecko says that the token is the third most significant meme coin by market cap right now.
It looks like PEPE will go up against some of the most popular meme tokens on the market. Also, the coin has been traded more than Shiba Inu (SHIB) and Dogecoin (DOGE) in the past week. How long the rapid rise lasts will be interesting to watch.
Pepe Coin Market Cap Exceeds $1.5 Billion
Even though Pepe Coin (PEPE) has only been around for a few weeks, its market cap has already exceeded $1.5 billion. Also, this was done just a week after the meme coin jumped into the top 100 cryptocurrencies indicating that it may still have room to go up.
In the past week, the coin has grown by almost 900%. It is now only behind SHIB and DOGE in the race to be the most significant meme coin. On the other hand, the asset is still rising, and many people are watching to see how high it can go.
Since its release on April 14, 2023, the coin has come a long way. It is now being sold for $0.00000417. CoinGecko says this price shows a 152% increase in the last 24 hours.
The token also has a stock of 420 trillion PEPE in circulation and a 24-hour selling volume of $818 million worldwide.
On the other hand, Bitcoin News said that Pepe Coin was one of the top six most-traded tokens. After that, it was only behind Tether, Bitcoin, Ethereum, Binance USD, and USD Coin.
On the other hand, PEPE made a lot of noise this morning when Binance stated that it would be listed on the cryptocurrency market. The product would be offered on Binance in early May, along with Floki Inu (FLOKI).