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PEPE Continues Positive Price Surge, Leading Major Meme Coins

Gary Flanders by Gary Flanders
2 years ago
PEPE Continues Positive Price Surge, Leading Major Meme Coins
  • PEPE cryptocurrency has seen a 2.37% rise in the last hour.
  • PEPE outperformed other meme coins with a 62% increase in seven days.
  • PEPE’s market capitalization currently stands at $393.99 million.

The PEPE cryptocurrency, currently ranked third in market capitalization, continues to experience a price increase following its strong performance from the previous week, which has further solidified since the beginning of this week. According to data from CoinMarketCap, PEPE has seen a 2.37% rise in the last hour at the time of reporting.

During the period referred to as “uptober,” there was a bullish trend in the cryptocurrency market, with leading tokens such as Bitcoin and Ethereum reaching new recent peaks. Amid this, PEPE outperformed all other significant meme coin networks.

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Specifically, the token has achieved an impressive 62% increase in the last seven days. In contrast to DOGE’s 11% growth and SHIBA’s 6.88% uptick, the statistics indicate that PEPE has attracted the highest investor interest.

Following its recent surge, the token is nearing its previous high from August 2023. Yet, it remains significantly below its all-time high from May 2023, when PEPE’s market capitalization nearly hit $2.5 billion.

The token is currently trading at $0.000001025, reflecting a 7% increase in value over the past 24 hours. Despite this, the trading volume has experienced a downturn, decreasing by 30.23% within the same timeframe. PEPE’s market capitalization currently stands at $393.99 million, ranking it as the 64th largest cryptocurrency network and the third largest in the meme coin category.

In other news, top-tier digital currencies like Bitcoin, Ethereum, and BNB have experienced a deceleration in their recent surge over the past 24 hours. Bitcoin’s value has decreased slightly by 0.70%, and Ethereum has seen a drop of 2.66% at the time of reporting.

Furthermore, BNB has experienced a 2.01% decrease within the same timeframe. The total cryptocurrency market capitalization has likewise seen a 0.97% reduction and a 27.33% decrease in trading volume over the last 24 hours.

Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.

Tags: AltcoinMeme CoinPEPE
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Gary Flanders

Gary Flanders

Passionate writer who is keenly exploring crypto and Blockchain loves to know about new things and explore what is happening in the world. Cherishes writing, primarily about cryptocurrency and Blockchain.

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