Rewritten Article on Crypto Trends
Pepe (PEPE) currently stands out as the sole cryptocurrency among the top 20 coins showing positive growth, according to the latest data from CoinMarketCap. Despite a modest increase of 0.91%, Pepe's performance shines in a market characterized by declines.
The meme coin Pepe has surpassed Litecoin (LTC) in market capitalization, exceeding $6 billion.
On the other hand, Shiba Inu (SHIB) faces a significant decline among the top 20 cryptocurrencies. With a 4% decrease in the last 24 hours, it has fallen out of the top 10, placing it below Toncoin (TON) and Cardano (ADA).
Despite strong buying activity from major investors, Dogecoin (DOGE) has also seen a 3% decline.
Among the top 20 coins, Near Protocol (NEAR) is currently the worst performer, with a drop of over 4%.
Pepe's Noteworthy Performance
Data from IntoTheBlock indicates that an impressive 96% of Pepe holders are currently in a profitable position, making it one of the most successful meme coins.
Pepe hit a new all-time high of $0.00001717 on May 27 but has since decreased by more than 12% from that peak.
Since entering the top 100 in May 2023, Pepe has made significant progress and is now the third-largest meme coin with a valuation of over $6.3 billion.
Additionally, users on Polymarket are placing bets on whether Pepe will surpass Solana-based dogwifhat in reaching a valuation of $10 billion.
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