May 20, 2024

Pepe meme token rate up 62% in a week

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Pepe meme token rate up 62% in a week

The price of the meme cryptocurrency, named after Pepe the Frog, has skyrocketed 62% over the past week.This is evidenced by the data of Coingecko.

The price of Pepecoin (PEPE) today reaches $0.00000154, and the trading volume for the last day is $617675231.

"Pepe is up 1.50% in the last 24 hours and 62.83% in the last seven days.Now the market capitalization of Pepe is estimated at $645356494," Coingecko experts state.

The highest price of Pepe was $0.00000431 and was reached on May 5.For comparison, the current price is 64% below the all-time high, and the lowest price of Pepe — $0.000000055142 — was recorded on April 18.Now the price is 2,686.04% higher.

Meanwhile, the developers of Pepe wrote on Twitter that the meme cryptocurrency has crossed an important milestone in terms of the number of holders.Now there are more than 128000 of them.

Then billionaire Elon Musk used the image of Pepe the frog from memes in a tweet about amendments to the constitution, and the value of the Pepe meme token immediately soared by 50%.

However, the rate of this "hype meme coin" collapsed by 47% a few days after the token rate rose by 45% and the capitalization exceeded $1 billion.