Meme coin ranks third by market cap PEPE coin The price increase continues after the positive performance from the previous week. Moreover, it has become even stronger since the beginning of this week. CoinMarketCap data shows that at the time of writing, PEPE was up 2.37% in the last hour.
During the “Uptober” era, cryptocurrency Its tokens experienced a bull rally. In this context, major tokens such as Bitcoin and Ethereum have reached recent highs. Amidst all this, PEPE had the best performance among major coin networks.
Notably, the token has gained a remarkable 62% in the last seven days. Data shows that PEPE has received the most interest from investors, compared to DOGE’s 11% rise and SHIB’s 6.88% rise.
With the recent peak, the token is approaching highs last seen in August 2023. However, the current price is still a long way from its peak in May 2023, when PEPE’s market value reached approximately $2.5 billion.
Currently, the token has added a 7% gain to its price in the last 24 hours. Additionally, it is trading at $0.000001025. However, transaction volume had difficulty recovering, falling by 30.23% in the same period. PEPE currently has a market cap of $393.99 million. This makes it the 64th largest crypto network and the third largest. meme coin doing.
Elsewhere, leading cryptocurrency networks such as Bitcoin, Ethereum and BNB have experienced a slowdown in their rallies over the past 24 hours. Bitcoin’s price lost a marginal 0.70%, while Ethereum was down 2.66% at press time.
Additionally, BNB also fell by 2.01% during the same period. The overall crypto market cap also decreased by 0.97%, while trading volume decreased by 27.33% in the last 24 hours.