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Pepe Coin Skyrockets 2300% Since Past Month, Surpasses Dogecoin In Trading Volume In Last 24 Hours

Published 02/05/2023, 04:51
Updated 02/05/2023, 06:10
© Reuters Pepe Coin Skyrockets 2300% Since Past Month, Surpasses Dogecoin In Trading Volume In Last 24 Hours
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Benzinga - Pepe Coin (CRYPTO: PEPE) is up 2,300% in the last 30 days, outperforming top meme coins such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).

What Happened: In the past 24 hours, PEPE is up 75%, trading at $0.0000012. The meme coin reached its all-time high levels at $0.0000014 on Monday morning.

See More: Top Indian Apps That Give Bitcoin, NFT Rewards

Data from CoinMarketCap shows that the meme coin even surpassed Dogecoin in trading volume, with its volume reaching a staggering $566 million, while DOGE’s trading volume only amounted to $271 million in the last 24 hours.

It’s worth noting that on Monday, PEPE was ranked second in trading volume, with Dogecoin in the lead.

Despite the risks involved, Pepe Coin received support from the Huobi crypto exchange, which added PEPE/USDT perpetual futures on its platform on April 26.

Meanwhile, a crypto trader recently told Benzinga how they turned 1 ETH into $140k with Pepe Coin.

Read More: Bitcoin, Ethereum, Dogecoin Trade Mixed Amid Regulatory Uncertainty: Analyst Says Apex Crypto Isn’t Getting A Boost Despite Upbeat Mood On Wall Street

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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