JAKARTA - PEPE, memecoin with a picture of a green frog, managed to steal the show. PEPE has just made history by surpassing the Polygon (MATIC) market capitalization, the number 18 crypto asset.
This achievement was achieved by PEPE in trading earlier today. PEPE's market capitalization touched a fantastic figure of 7.167 billion US Dollars (around Rp114.6 trillion), surpassing Polygon which is in the range of 7.113 billion US Dollars (around Rp113.8 trillion). This named PEPE as a memecoin with the third largest market capitalization, shifting Dogecoin and Shiba Inu.
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PEPE Increase Towards New ATH
The increase in PEPE is somewhat sensational. Since early 2024, the price of PEPE has skyrocketed by 140%. This momentum cannot be separated from the surge in activity on social media related to PEPE. The PEPE community is actively promoting their tokens through social media campaigns, community events, and online forums. This strategy has proven successful in attracting investor interest and attention, encouraging adoption and awareness of PEPE.
PEPE's number of active holdings has quadrupled in the past week, from 3,600 to 12,000 addresses. This significant increase reflects investors' growing interest in PEPE.
Not only retail investors, big-name investors (whole) also enlivened PEPE. Recently, a whale investor withdrew 1.32 trillion PEPE tokens from Binance and has so far made 21% profit. The accumulation of PEPE by whales indicates their strong trust in PEPE's future prospects.
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