The meme coin Pepe has shown remarkable growth following its listing on major crypto exchanges. The cryptocurrency's market cap briefly surpassed $10.2 billion. An overview of recent events and analysts' forecasts.
Pepe's Sudden Surge
Pepe's market cap briefly reached $10.2 billion, rising from $5.7 billion just a day ago. This was driven by the listings on major exchanges like Coinbase and Robinhood, sparking significant investor interest.
Pepe Outperforms Dogecoin
Pepe has outperformed Dogecoin in metrics. Dogecoin trading volume was $28 billion over 24 hours, while Pepe logged $24 billion in just hours after the listing announcements. Weekly growth for Pepe reached approximately 131%, much higher than Dogecoin's figures.
Analysts Optimistic About Pepe's Potential
Analysts believe Pepe could follow Dogecoin's growth trajectory. 'The Pepe breakout starts now,' stated Daan de Rover, CryptoSea's founder, noting the potential for a further 900% increase. Other experts also foresee a potential 5-10x increase.
Pepe continues to surprise markets with its growth, quickly gaining investor confidence. Analysts view its future optimistically, expecting continued positive performance.
