Sunday, July 6, 2025
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Crypto now 24
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
No Result
View All Result
Crypto now 24
No Result
View All Result

Pepe Coin Goes Berserk With 1,500% Rally As Memecoin Seen Soaring Higher

May 6, 2023
in Crypto Updates
Reading Time: 3 mins read
A A
0

[ad_1]

PEPE, the frog-themed cryptocurrency, has hopped its method to the forefront of the crypto world with a staggering 1,500% surge in simply two weeks. 

As buyers and lovers alike scramble to get their palms on the memecoin, Pepe has secured a spot among the many prime 50 cash by market cap, surpassing the billion-dollar milestone in a matter of weeks. 

With the hype solely persevering with to develop, one can’t assist however surprise simply how excessive this little frog can leap.

Pepe Meteoric Rise Not With out Dangers

The meme coin’s worth is a mere $0.000003211 in line with CoinMarketCap, however don’t let that idiot you – this meme coin has been on a wild trip these days. Previously 24 hours alone, it’s rallied to a powerful 48%, and over the course of per week, its worth has elevated a staggering 930%. 

Maybe most jaw-dropping of all is its 14-day excessive, which noticed the coin surge a mind-boggling 1,503.9%. With numbers like these, it’s clear that Pepe is not any abnormal coin.

Supply: CoinMarketCap

Pepe’s latest surge will be partly attributed to Binance’s resolution to record each Pepecoin and Floki Inu (FLOKI) on its “innovation zone” platform. This transfer by the favored trade signaled a stage of mainstream acceptance for these meme cash, and certain contributed to their elevated reputation amongst merchants.

Nonetheless, Binance additionally issued a warning to potential buyers, noting that on the time of writing, Pepe had no underlying worth help mechanism.

Moreover, there have been indications that some insiders or staff members have been capable of buy 7% of the overall token provide shortly after the Token Technology Occasion (TGE). 

Supply: Coingecko

Regardless of these cautionary notes, it appears that evidently the attract of Pepe’s skyrocketing worth has been too tempting for a lot of buyers to withstand.

Meme Tokens’ Blended Fortunes Amid Pepe’s Surge

Pepe’s exceptional rise has led to a surge within the worth of different meme tokens, with WOJAK and PEEPO experiencing development of over 600% in only one week. Nonetheless, whereas these lesser-known tokens are flourishing, extra established meme tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) have struggled to maintain tempo.

BTCUSD barely above the $29K stage on the weekend chart at TradingView.com

Regardless of being hailed as the unique meme coin, Dogecoin’s worth declined by 2.8% over the week, whereas Shiba Inu fell by 3.7%. This blended efficiency highlights the unpredictable nature of cryptocurrency markets, and the truth that even well-established cash will not be resistant to volatility.

As buyers proceed to navigate the unpredictable world of meme tokens, the meteoric rise of Pepe and its friends serves as a stark reminder that prime danger can typically be accompanied by excessive reward.

-Featured picture from CoinChapter

[ad_2]

Source link

Tags: BerserkCoinHigherMemecoinPEPErallysoaring
Previous Post

Ethereum Staking Deposits Outpace Withdrawals by $189M in ETH

Next Post

0N1 Force & Horizen Labs Announce Strategic Partnership

Next Post
0N1 Force & Horizen Labs Announce Strategic Partnership

0N1 Force & Horizen Labs Announce Strategic Partnership

Voyager Digital Provides Update on Reimbursement Plan for Creditors – Bitcoin News

Voyager Digital Provides Update on Reimbursement Plan for Creditors – Bitcoin News

Ethereum (ETH) Booming Deposits Heighten Market Volatility

Ethereum (ETH) Booming Deposits Heighten Market Volatility

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Social icon element need JNews Essential plugin to be activated.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.