Pepe Coin (PEPE) has been one of the best performers in the crypto sector lately, with its price surging by over 900% for the past seven days. It marked another 60% increase during the last 24 hours, while its market capitalization skyrocketed to above $1 billion.
The hype around the coin seems to be an isolated case since other memecoins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Floki Inu (FLOKI) have not recorded any significant gains recently.
The remarkable performance of PEPE continues at full steam after the token’s valuation has spiked by 60% on a daily scale again.
PEPEUSD Weekly. Source: CoinGecko
The asset, which had a market capitalization of less than a million dollars at the time of its launch in mid-April, went on a tear in the past month. As a result, the metric exceeded the coveted $1 trillion mark on both CoinGecko and CoinMarketCap today.
According to CoinGecko, PEPE is currently the 45th largest digital asset, surpassing well-known cryptocurrencies, including
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