$PepeCoin Surges Over 10%, Hits $6.5 Billion Market Cap

May 26, 2024, 11:14 AM

$PepeCoin has experienced a significant surge, rising by more than 10% and reaching new all-time highs, capturing the attention of the cryptocurrency market. The coin's market capitalization has hit $6.5 billion, with predictions suggesting it could rise to $10 billion. Notably, a wallet named 'jwynn.eth' deposited 491 billion $PEPE, valued at approximately $7.55 million, to Binance. This wallet previously swapped 2.16 ETH for 2.431 trillion $PEPE, sold 1.954 trillion $PEPE for $11.46 million, and still holds 467 billion $PEPE worth $7.33 million. The coin's rise has also led to an increase in new holders, with over 1,700 new holders reported in a single day. $PepeCoin is also performing well against $ETH and is now listed on Gemini. $PepeCoin's performance has prompted discussions about its potential to surpass other meme coins like $DOGE and $SHIB.