Pepe Coin Skyrockets To New All-Time High, Surpasses Half-A-Billion Market Cap In Just Two Weeks
Pepe Coin, the new meme coin that has taken the crypto world by storm, continues to defy expectations. Despite being only two weeks old, the digital asset has already outperformed some of the biggest meme coins in the market in terms of both price and market cap.
Over the weekend, Pepe Coin experienced a brief dip, causing some to speculate that its run was over. However, it quickly bounced back and surpassed its previous all-time high, with its current market cap now exceeding half a billion dollars, making it the third-largest meme coin in the market after Dogecoin (DOGE) and Shiba Inu (SHIB).
pepes pet $pepe
— Pepe (@pepecoineth) April 24, 2023
art by @Invest_RN pic.twitter.com/P701bWOpJr
Pepe Coin’s recent surge has outpaced even the biggest cryptocurrencies in the space, with gains of more than 300% over the last week.
What makes Pepe Coin even more remarkable is the incredible returns its early investors are seeing. One of the largest holders of the Pepe Coin, dimethyltryptamine.eth, spent a total of 0.125 ETH in the early days, and the stash is currently worth $5.3 million after selling over $1 million worth of the token.
69,000 holders $PEPE
— Pepe (@pepecoineth) May 1, 2023
A moment in history🐸 pic.twitter.com/DNp2MaOWt8
Despite not offering airdrops, staking, or links for users to connect their wallets, Pepe Coin has already attracted over 69,000 holders in just 15 days. The digital asset is now listed on several exchanges including Huobi, MEXC, OKX, and Gate.io.
In conclusion, Pepe Coin’s impressive start and recent rally demonstrate its potential to attract investors and traders. As its popularity continues to grow, it will be interesting to see how far it will go.
