Pepe Surpasses Ethereum Classic by Market Cap

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As a seasoned crypto investor with a keen interest in meme coins, I find the recent surge of Pepe (PEPE) in the market quite intriguing. The fact that PEPE has overtaken Ethereum Classic (ETC) in terms of market capitalization is a significant development.

As a crypto investor, I’ve noticed an intriguing development in the market recently. The meme cryptocurrency PEPE has surprisingly overtaken Ethereum Classic (ETC) in terms of market capitalization, based on the latest data from CoinGecko. This shift in rankings is quite unexpected and adds an interesting twist to the crypto world.

According to data from CoinGecko, the value of PEPE has risen by almost 10% in the last 24 hours, reaching a market size of over $4 billion.

Despite the latest price increase, PEPE remains 9% lower than its peak price of $0.00001064, reached on March 12 – its all-time high.

Will Pepe become the biggest meme coin? 

Pepe is currently ranked as the 28th cryptocurrency by market cap, according to CoinGecko. 

To reach the market value of the leading meme coins, Dogecoin and Shiba Inu, which are currently valued at $21.7 billion and $14 billion respectively, there is a significant gap that needs to be filled.

Analyst Murad Mahmudov has made a prediction: Pepe may eventually surpass Shiba Inu (SHIB) in terms of market capitalization. Furthermore, he believes that Dogecoin (DOGE) could potentially be dethroned by Pepe in the future.

As a crypto investor, I believe Mahmudov puts forward a compelling argument for Pepe’s potential growth based on its status as a vibrant “cult community.” With over 10 million unique members, this digital asset has a significant and enduring impact on contemporary culture.

Dogecoin has only a single picture while Shiba Inu “has zero memes to speak of.”

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2024-05-13 18:50