The cryptocurrency market shows activity with recent price spikes of various tokens. In particular, PEPE surged by 31%, while Arbitrum also strengthened following the news about PayPal.
PEPE Jumps 31%
PEPE has shown significant growth, breaking the $0.000012 mark and increasing its market capitalization to $2.05 billion. Analysts attribute this rise to the appreciation of Ethereum, which grew by 9.77%. The number of PEPE holders also increased by 2.8% over the last month, indicating growing confidence among larger investors.
Arbitrum Rises Thanks to PayPal
Arbitrum (ARB) has seen sharp gains after PayPal announced the integration of its PYUSD stablecoin with the Arbitrum network. The price of ARB jumped more than 10% within 24 hours, reaching $0.4395. This integration allows users to take advantage of lower gas fees, significantly increasing Arbitrum’s utility.
BlockDAG Attracts Investor Attention
BlockDAG offers a unique opportunity for investors with a low entry price of $0.0016 and no vesting period, ensuring immediate access to purchased coins at launch. This interest is drawing in large investors, as the project has already raised over $343 million and sold more than 23.9 billion coins.
The cryptocurrency market exhibits high volatility and activity. The price increases of PEPE and Arbitrum reflect investor interest. The BlockDAG project generates significant attention due to its unique presale model.
