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In the past month, PEPE has repeatedly recorded new all-time highs. The meme coin has been on a roll this past week, rallying and recording minimal losses.that PEPE is up 116% in the past month and 7.7% in the past week. However, the asset’s trajectory in the past 24 hours has beenRegardless of the slight drop in Pepe’s value, IntoTheBlock said the cryptocurrency is currently the most profitable among major meme coins, as almost all of its holders are in profit.
Three days ago, PEPE hit a new all-time high of $0.00001717, and its market cap surged to $7 billion. The asset became the 21-largest cryptocurrency by market cap, while its market capwell-known altcoins like Polygon and Litecoin. In addition, the asset’s then 24-hour trading volume hit $1.8 billion, surpassing its rivals Dogecoin and Shiba Inu , which had market caps hovering a bit above $1 billion.
Pepe’s roaring success over the past months has driven it up the meme coin list, making the token the third-largest in the sector, behind DOGE and SHIB. The meme coin is also one of the best-performing assets this month, and analysts have predicted that its current rally is nowhere near its end. Hence, the token’s value could see more growth, and all PEPE holders may be in profit again.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
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