PEPE's Market Cap Soars Past $7 Billion, Surpassing MATIC

IconCryptoNewsTerminal Staff27 May, 2024

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PEPE's Market Cap Soars Past $7 Billion, Surpassing MATIC

PEPE, a popular meme cryptocurrency, has achieved a significant milestone by surpassing the market capitalization of MATIC, according to CoinGecko data. As of today, PEPE's market cap stands at an impressive $7,003,713,000, while MATIC's market cap is $6,703,959,000. This puts PEPE in the 21st spot in terms of market capitalization among all cryptocurrencies. Currently, PEPE is trading at $0.00001672, marking a 13.6% increase in value. This surge in market cap and price indicates growing investor confidence in the future of PEPE. PEPE has gained popularity among cryptocurrency enthusiasts due to its unique meme-inspired branding and strong community support. The coin's success highlights the increasing significance of community-driven cryptocurrencies in the market.