Memecoin News
The most profitable meme coin: More than 96% of PEPE holders have gained profits.
May
Majority of holders of Pepe Coin are profitable due to rally.
There has been a notable increase in the worth of the cryptocurrency Pepe (PEPE), which is a coin based on memes and featuring a frog motif. As reported by IntoTheBlock on Twitter, more than 96% of those who hold PEPE are currently making a profit on their initial investment.
PEPE’s recent performance has been impressive, with significant gains and continual growth. According to CoinMarketCap data, PEPE has seen a 116% increase in the past month and a 7.7% increase in the last week. Although there was a slight decline of over 3% in the value in the past 24 hours, PEPE still remains a profitable investment for the majority of investors.
Pepe’s Market Cap and Performance
At the start of the year, PEPE’s market value was approximately $500 million. However, it has now increased to $6.11 billion. The token’s value recently peaked at $0.00001717, resulting in a market value of $7 billion and placing it as the 21st most valuable cryptocurrency.
The success of PEPE has elevated it to a top position among meme coins in the market, coming in third place after Dogecoin (DOGE) and Shiba Inu (SHIB). Experts anticipate that the current surge of PEPE is not yet at its peak, indicating that the coin’s worth may continue to increase, possibly resulting in more gains for all PEPE investors.
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