Pepe token price shoots up 300 %
The Pepe memecoin showed an all-time high in its value amid the turbulence of the cryptocurrency market
The cryptocurrency market experiences ups and downs that keep investors in constant tension. However, the Pepe memecoin remains and exceeds expectations, with a historical increase in its value of 300 %.
With this score achieved over the weekend, Pepe the toad token has propelled itself above the biggest competitors, shib and dogecoin.
The advance of the memecoin until this Monday places it at the moment as the third most popular one in the crypto market.
The new token inspired by the well-known character Pepe the toad has only been on the market for two weeks, and it is already showing signs of strength in the global list of cryptocurrencies.
According to the CoinGecko portal, the price increase of Ethereum’s ERC-20 token “translated into an increase in market capitalization above USD $550 million for the first time. As a result, PEPE managed to enter the top 100 of the main digital assets by market capitalization and is ranked number 93”.
It is important to highlight that the increase in the value of the memecoin is also strongly marked by its recent incorporation into the OKX centralized exchange.
(Reference image source: Kanchanara, Unsplash)
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