Pepe (PEPE) Surges 50%, Hits $7 Billion Market Cap Amidst Growing Trading Volume

Jun 1, 2024, 10:11 AM

Pepe (PEPE) has been making significant waves in the cryptocurrency market recently. The token has seen a nearly 50% surge in value, with trading volume up 216% from the start of the month. PEPE reached an all-time high market cap of over $7 billion and is now a leading figure in the memecoin market, surpassing other notable tokens like WIF. The token's popularity has led to increased trading activity, with PEPE's trading volume tripling in recent days. Additionally, PEPE is expected to be listed on platforms like CoinMarketCap and Pond0x, further boosting its visibility and trading potential. The community around PEPE continues to grow, with over 943 new holders added recently. Despite a slight price slide of 12% since its peak, the heightened interest and trading volume indicate a strong market presence for PEPE. Concurrently, $BB has also seen a notable 77% gain. There is speculation that PEPE could reach a $10 billion market cap.