Pepe's market capitalization increases by 60 % to over $ 1 billion after another daily increase

Pepe's market capitalization increases by 60 % to over $ 1 billion after another daily increase

Pepe Coin (Pepe) has recently been one of the best performers in the crypto sector, whereby its price has increased by over 900 % in the past seven days. It recorded a further increase of 60 %in the last 24 hours, while its market capitalization scored over $ 1 billion.

The hype around the coin seems to be an isolated case, since other memo coins such as Dogecoin (Doge), Shiba Inu (Shib) and Floki Inu (floki) have not recently recorded significant profits.

• The remarkable performance of Pepe continues with full strength after the token has risen by 60 % every day.

I downloaded 413.283 pepe transactions from @duneanalytics

PEPE dealers have burned ~ 5,300 ETH ($ 10 million) in gas in the last 3 weeks

1/🧵 pic.twitter.com/9lzxgjtt5

- Alex (@thiccythot_) 5. May 2023

• The enthusiasm for Pepe should not be associated with increasing interest in the Memecoin area. Doge, Shib, Floki and many others have either been flat in the past few days or have even recorded slight price returns.

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