Pepe (PEPE) is currently the cryptocurrency only in green among the 20 largest coins, according to data provided by CoinMarketCap. It has only risen 0.91%, but this allows it to stand out in a sea of โโred.
The hot meme coin has surpassed Litecoin (LTC), with a market capitalization exceeding $6 billion.
Meanwhile, Shiba Inu (SHIB) is one of the biggest laggards in the top 20. After falling 4% in the last 24 hours, he dropped out of the top 10. He is now below Toncoin (TON) and Cardano (ADA). ).
In comparison, Dogecoin (DOGE) is also down 3% despite strong purchasing activity of whales.
Near Protocol (NEAR) is the worst performing coin in the top 20, down more than 4%.
Pepe's big month
According data provided by IntoTheBlock, a staggering 96% of all Pepe holders make profits. It has managed to become the most profitable bet among the main meme currencies.
Related
On May 27, the meme cryptocurrency hit a new all-time high of $0.00001717. It fell more than 12% from that headline-grabbing peak.
Pepe has come a long way since it first entered the top 100 in May 2023. Despite increasing competition in the meme coin sector, it has become the third largest meme coin with a valuation of more of 6.3 billion dollars.
Meanwhile, Polymarket users are bet on whether Pepe will manage to beat Solana-based dogwifhat to reach $10 billion first.
