Pepe Coin Surpasses Dogecoin: Meme Coin Frenzy Unfolds

user avatar

by Giorgi Kostiuk

2 years ago

Pepe Coin sees significant gains, outpacing Dogecoin in weekly performance due to its listing on Robinhood and Coinbase, marking a new wave of interest in meme coins.

PEPE's Surge and Exchange Listings

Pepe Coin's recent listing on major crypto exchanges like Robinhood and Coinbase has led to a significant rise in its value. PEPE temporarily surpassed Dogecoin in market cap, reaching over $10 billion.

PEPE's Rise and Dogecoin Analogies

PEPE's growth mirrors Dogecoin's 2021 rally. Coinbase's decision to list PEPE was a response to community demand, with analysts like CryptoSea's founder predicting a potential 900% increase.

Meme Coin Popularity and Risks

The popularity of PEPE is fueling interest in meme coins. Coins like PEPE, ACT, and PNUT show significant gains, but the market remains highly volatile and risky.

Meme coins like PEPE gain traction through social media engagement, offering high potential returns. However, investors should be mindful of the inherent risks and volatility in this market segment.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Arca Desktop App Now Open to Public for AI Session Monetization

The Arca desktop app has launched to the public, allowing users to monetize their AI session data.

user avatarJacob Williams

Exodus Reports Third-Quarter Revenue Growth Amid Net Loss

Exodus reported a 7% revenue increase in Q3, reaching $325 million, but faced a net loss of $83 million, highlighting rising operational costs.

user avatarZainab Kamara

eToro Reports Decline in Third-Quarter Net Income Amid Growing Funded Accounts

eToro reports a significant decline in third-quarter net income to approximately $15 million, down from $57 million last year, despite an 18% growth in funded accounts.

user avatarSon Min-ho

Bitdeer Achieves Record Revenue but Faces Major Losses

Bitdeer reported record revenue of $320.7 million for Q3 2023, an 89% increase year-over-year, but faced a net loss of $125.5 million.

user avatarAyman Ben Youssef

Bitcoin May Benefit from Greater Regulatory Clarity

Bitcoin may benefit from a more predictable US regulatory environment as the SEC shows interest in blockchain-based financial infrastructure.

user avatarKofi Adjeman

SEC Reports Significant Decline in Enforcement Actions

The US Securities and Exchange Commission (SEC) has reported a significant decline in enforcement actions, marking the lowest level since 1991, under the Trump administration.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.