Memecoins market cap hits $26.5B on PepeCoin-led revival

by Aric Feil

The tip 100 memecoins recognize recorded impressive be conscious actions lately, pushing their blended market cap to $26.5 billion, following essential 24-hour recoveries. The metric stood at $26,460, 338,262 billion for the length of this e-newsletter.


Source – Coinmarketcap

Furthermore, the asset class saw its procuring and selling volume soar by shut to 130% to $6,055,069,436, indicating heightened investor task and interest in meme cryptocurrencies.

PepeCoin steals the declare

PEPE has dominated trends lately attributable to its bullish performance. The altcoin led at this time’s crypto gainers because it soared 32% throughout the last day to press time ranges of $0.000002684. PepeCoin yielded over 145% returns for its merchants in some unspecified time in the future of the past week.


PEPE 7D Chart on Coinmarketcap

PEPE trades at be conscious areas no longer viewed since Could well well per chance final year. The well-known performance has viewed the altcoin rock climbing to 73rd in the final crypto list, with $1.164 billion in market cap.

PepeCoin merchants cashing out earnings

Etherscan knowledge reveals some PEPE holders recognize taken the continued be conscious surge as a likelihood to revel in earnings. States declare six wallets sold $4.37 million value of PepeCoin (1.98 trillion coins) on Binance to model earnings.

The value of $PEPE has surged by over 60% at this time!

Six wallets sold 1.98 trillion $PEPE ($4.37 million) to true earnings, ensuing in a full profit of roughly $2 million.

The pockets “0xa145” deposited 486.72 billion $PEPE ($1.04 million) to #Binance six hours in the past,…

— Ayden (@aydennolanai) February 27, 2024

One pockets deposited $1.04 million in PEPE to the replace six hours in the past and realized around $515,000 in earnings. Meanwhile, the last five despatched PepeCoin value $3.3 million to Binance and accrued $1.49 million in returns.

Diverse canine-themed digital coins recorded essential features throughout the last day. Floki, Dogwifhat, and Memecoin jumped 20%, 28%, and eight%, respectively. Furthermore, the field’s high token, Dogecoin (DOGE), soared 5.ninety 9% in some unspecified time in the future of the outdated 24 hours.

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