Pepe Feels Lonely in Green as Crypto Market Experiences Pullback

by Lester White

Pepe (PEPE) is currently the most effective cryptocurrency in the fairway amongst the tip 20 greatest money, in keeping with recordsdata supplied by CoinMarketCap. It is up by a mere 0.91%, nonetheless this permits it to face out in a sea of crimson.

The crimson-sizzling meme coin has raced above Litecoin (LTC), with its market cap surpassing $6 billion.

Within the meantime, Shiba Inu (SHIB) is one amongst the supreme laggards in the tip 20. After slipping by 4% all around the last 24 hours, it has dropped out of the tip 10. It is now below Toncoin (TON) and Cardano (ADA).

For comparability, Dogecoin (DOGE) is furthermore down 3% despite sturdy procuring for exercise from whales.

The Shut to Protocol (NEAR) is the worst-performing coin in the tip 20, slipping by more than 4%.

Pepe’s mountainous month

Primarily based completely on recordsdata supplied by IntoTheBlock, a staggering 96% of all Pepe holders are in profit. It has managed to change into essentially the most winning wager amongst predominant meme money.

On Could perhaps furthermore 27, the meme cryptocurrency reached a brand unique all-time high of $0.00001717. It slipped more than 12% since that headline-grabbing top.

Pepe has now approach a lengthy methodology since getting into the tip 100 for the first time in Could perhaps furthermore 2023. Irrespective of rising competition in the meme coin sector, it has change into the third-greatest meme coin with a valuation of over $6.3 billion.

Within the meantime, Polymarket customers are making a wager on whether Pepe will location as a lot as beat Solana-basically based dogwifhat to reach $10 billion first.

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