🌎 Pepe Coin Surges 10%, Hits New All-Time High Amid Trading Frenzy

Pepe (PEPE), the frog-themed meme coin, has continued its upward trend, rising by over 10%. Over the past few days, Pepe’s price has surged, reaching new all-time highs (ATHs) multiple times.

In the past 24 hours, Pepe’s price jumped by more than 10%, reaching $0.00001577, marking a new ATH and maintaining a strong performance streak over the last three months.

Despite the uptick, profit-taking by sellers pushed Pepe’s price back to $0.00001501, which was still 6.64% higher than its level from 24 hours ago.

Data from CoinGecko shows that over the past week, Pepe has climbed 55.8%, and in the last month, it has soared 98.8%, reclaiming its spot as the third-largest meme coin by market capitalization.

Interestingly, Pepe’s price jump was accompanied by a reversal in its 24-hour trading volume, which at $1.469 billion was a 36.90% decrease from one day ago.

Despite the dip, data from Binance revealed that Pepe was still one of the most traded crypto assets in the past 24 hours, only surpassed by BNB Coin (BNB), Bitcoin (BTC), and Ethereum (ETH).

Top-Traded Meme Coins

Pepe remains the top-traded meme coin, far outstripping the likes of Shiba Inu (SHIB), Floki (FLOKI), and Dogecoin (DOGE).

Among other major meme players, SHIB, WIF, and Bonk (BONK) were the only ones to register gains in the last 24 hours:

SHIB: Up 1.08%
WIF: Up 3.30%, trading at $2.95
BONK: Up 0.30%

Over seven days, the gains appear much healthier:

DOGE: Up 8.71%
WIF: Up 16.39%
BONK: Up 46.78%
Floki: Up 12.67%, although it lost 0.36% in the last 24 hours

Best Performers in the Meme Coin Market

Overall, the best performers in the meme coin market in the last 24 hours were lower-capped coins such as Samoyed (SAMO), Cheems (CHEEMS), and catwifhat (CWIF).