Pepe Coin (PEPE) Skyrockets to $6 Billion Market Cap and New ATH

May 24, 2024 at 08:50 AM GST 2 mins read News

Pepe Coin (PEPE) reaches a new all-time high price of $0.0000146, marking significant growth.
With a market cap of over $6 billion, Pepe Coin secures the 20th spot in CoinMarketCap rankings.
Despite substantial liquidations of nearly $9 million, Pepe Coin continues its upward momentum.

Pepe Coin, achieved a significant milestone. Despite substantial liquidations in the past 24 hours, Pepe Coin continued its climb, reaching new heights and capturing the attention of investors worldwide.

Read CRYPTONEWSLAND on

google news

Pepe Coin’s market capitalization has now exceeded $6 billion, securing its place as the 20th largest cryptocurrency by market cap on CoinMarketCap as of May 23. The token’s market cap stands at over $6 billion, peaking at nearly $6.20 billion, surpassing its competitors. This remarkable surge highlights Pepe Coin’s growing influence in the cryptocurrency market.

In addition to its impressive market cap, Pepe Coin has achieved a new all-time high (ATH) price of $0.0000146. Despite facing significant selling pressure and large liquidations amounting to $8.4 million, the token has defied market expectations, continuing its upward trajectory. This resilience underscores the growing optimism among investors, with many anticipating further gains.

Starting the day on a bearish note, Pepe Coin quickly gained momentum, increasing in price by over 5% within the last 24 hours. The high selling pressure indicates a volatile market, yet Pepe Coin’s ability to remain strong under these conditions instills confidence in investors, drawing more interest to this meme cryptocurrency.

Renowned market analyst commented on the situation, stating, “Bullish breakout after 2+ months of consolidation. Looks quite strong along with $ETH and $PEPE. Any pullback to 0.029~ (if offered at a later date) would be a buying opportunity IMO.”

Looking ahead, the future of Pepe Coin in the cryptocurrency industry appears promising. Its recent achievements highlight its potential for sustained growth and increased market presence. As investor confidence grows, Pepe Coin is poised to become a significant player in the crypto space.