PEPE Coin Emerges as a Top Meme Cryptocurrency with Soaring Prices
Pepe (PEPE), a new meme coin, has entered the top 100 largest cryptocurrencies with a market capitalization of $582 million. The ERC-20 token has seen a 111% increase in the last 24 hours and a 304% increase over the week. The rise in popularity of PEPE is reflected in a surge in Google searches and its listing on several cryptocurrency exchanges. DeFi volumes for PEPE have also soared, with over 30 "smart money" wallets buying PEPE tokens worth around $1 million in the last week.