CoinMarketCap data

$PEPE Flips $MATIC and $DAI, Enters Top 20 Coins by Market Cap, Now Above $5B

Jul 19, 2024, 07:33 PM

Ethereum-based memecoin $PEPE has made significant strides in the cryptocurrency market, flipping both $MATIC and $DAI in market cap. $PEPE has now entered the top 20 coins by market capitalization and is on its way to the top 5. The coin has seen a surge in new holders, with 410 new $PEPE holders reported recently. Additionally, $PEPE is leading in various metrics and has garnered institutional interest. The rise of $PEPE reflects the broader trend of memecoins capturing the top spots in 24-hour gains among the top 100 coins by market cap. $PEPE is now above $5 billion market cap and is among the top 20 tokens in the world.