BCGAME - Free 5BTC Daily Bonus!Memecoin Pepe (PEPE) has reached a significant milestone by surpassing the Uniswap (UNI) cryptocurrency in market capitalization and setting a new all-time high (ATH) price.
PEPE coin has now moved to the 23rd position in the rankings by market cap, pushing Uniswap to the 25th spot. PEPE’s market cap currently stands at $11,1 billion. This development reflects the growth of memecoins in the broader cryptocurrency market.
The price of PEPE today 09/12/2024 is showing a significant increase of more than 7% that made the asset reach the level of US$ 0,00002716, but the memecoin was unable to sustain its upward movement and retracted to the current level.
The milestone comes amid massive buying activity by PEPE whales. Recently, memecoin whales increased their PEPE holdings by $1,14 billion, according to data shared by renowned cryptocurrency analyst Ali Martinez. The move suggests a renewed and positive sentiment towards the coin, with major investors betting big on the token.
Amid the positive move, PEPE set a new all-time high today. The highest price paid for Pepe (PEPE) was $0,00002716, recorded on Dec 9, 2024 (~14:XNUMX PM).
At the time of publication, PEPE’s price was quoted at $0,00002655, up 7.1% in the last 24 hours. Comparatively, the current price is 0,29% lower than the coin’s all-time high.
PEPE has been a major beneficiary of the recent bullish rally in the cryptocurrency market. With Bitcoin breaking through the $100k level recently, many cryptocurrencies have followed suit and seen significant gains. In this scenario, PEPE’s price has also seen significant increases in the past few days. In just 30 days, the memecoin has seen an impressive increase in value, increasing by 147.1%.
Pepe (PEPE) trading volume is $9.259.978.911 in the last 24 hours, representing a 3,60% increase from a day ago and signaling a recent surge in market activity.
