PEPE Reaches New All-Time High with Market Cap Over $10 Billion
The current bull cycle in the cryptocurrency market features a surge in meme coins, with platforms like Pump.fun launching new tokens regularly. Established meme coins such as Dogecoin, Shiba Inu, and PEPE have experienced significant growth.
PEPE recently reached an all-time high price of $0.00002644 within a month of surpassing its previous record. This increase demonstrates the positive momentum surrounding the token.
PEPE Price Overview
Currently, the value of PEPE is approximately $0.00002597, showing a 21% price increase in the last 24 hours. This performance contrasts with its previous week-long behavior.
Data from CoinGecko indicates that PEPE's price has risen nearly 27% over the past week, although it remained in a consolidation range around $0.000022 for most of that time.
Over the past month, PEPE's price action has been notable, with the token more than doubling in value. CoinGecko reports a 140% increase in the last 30 days.
After a favorable September, when PEPE briefly exceeded $0.00001, expectations were high for October; however, the coin did not perform as anticipated. November saw a parabolic rise, breaking the previous all-time high of $0.00001665 and establishing a new high at $0.00002343, coinciding with a bullish overall market trend as Bitcoin also achieved new highs.
Due to this strong performance, various crypto exchanges, including Binance.US, listed PEPE on December 5, further boosting its momentum.
PEPE Market Cap Hits $10 Billion
According to CoinGecko, PEPE's market capitalization has surpassed $10 billion, making it the 25th largest cryptocurrency.
PEPE remains the third-largest token in the meme coin sector, trailing behind Dogecoin and Shiba Inu, which have market caps of approximately $67.8 billion and $18.9 billion, respectively.
