The cryptocurrency Pepe recently exceeded a market capitalization of $10 billion, capturing the attention of investors. This landmark achievement coincided with the token's price growth spurred by listings on Coinbase and Robinhood.
Market Cap Achievement
Recently, the cryptocurrency Pepe reached a market cap of over $10 billion, marking a significant milestone for the project. This outstanding growth comes amid growing popularity among investors and platform users.
Price Growth Post-Listing
Pepe's price surged after the token's listing was announced on leading U.S. exchange Coinbase, followed by its availability on Robinhood for U.S. users. These events have significantly driven demand for the token, boosting its value by 86% over the past 24 hours.
Comparison with Other Meme Coins
Amid the current growth, Pepe has significantly closed the gap with another popular meme coin, Shiba Inu, which is valued at $15.6 billion. Meanwhile, Dogecoin remains substantially higher on the market, having reached a capitalization of $57 billion, maintaining its lead among meme coins.
Pepe continues to gain popularity and reach new heights in the cryptocurrency market. Despite the recent successes driven by new listings, the meme coin faces tough competition from other well-known projects to solidify its stance among investors' favorites.