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PEPE Eyes Polygon’s Spot: Why the Meme Coin’s Price Rally Could Lead to a Major Upset
#PEPE #POLYGON $PEPE $MATIC #Altcoin #Memecoin

PEPE, the frog-themed meme coin, is on the verge of overtaking Polygon for the 18th spot on CoinMarketCap. Here's why this rally could propel PEPE ahead.

After soaring 136% in May, PEPE is trading at $0.00001632, close to its all-time high of $0.00001718. Now ranked 19th with a market cap of $6.86 billion, PEPE trails Polygon's $7.30 billion.

Key Factors Driving PEPE's Rally:

Impressive Gains and Investor Confidence:
PEPE's rapid growth has made it a favored investment, suggesting it could soon surpass Polygon.

Significant Market Cap Growth:
PEPE's market cap has more than doubled in a month, nearly matching Polygon's $7.15 billion just days ago.

Dominance in Network Activity:
PEPE's trading volume stands at $1.9 billion, far outpacing Polygon's $330 million, indicating strong market demand.

Higher Price Growth:
PEPE's price surged 136% in May, compared to Polygon's 3% increase, challenging Polygon's position despite its higher trading value of $0.7302.

Current State and Future Outlook:
Though PEPE's price rally has paused, the momentum remains. If the rally resumes, PEPE could soon claim the 18th spot from Polygon.