PEPE Rips 69% to Hit New All-Time
The meme coin season appears to be just beginning. Several meme coins have reached all-time highs, owing to a rush of investors looking to cash in on the hype.
The freshly formed PEPE meme coin is setting new all-time highs. The token has gained over 69% on the day and has recently reached a new all-time high of $0.00000164.
PEPE is presently the 75th largest cryptocurrency, according to CoinGecko data. It has a market valuation of about $700 million, representing a spectacular growth of approximately 650% in the last seven days. And it appears that PEPE isn’t done yet, as whales have purchased millions of tokens. Lookonchain, a blockchain analytics firm, has discovered a wallet that has traded almost all of its holdings for PEPE. In particular, the wallet exchanged 1.72 trillion PEPE. The 1.72 trillion PEPE is now worth $2.8 million.
(With inputs from Shikha Singh)
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