All of us who follow the crypto market a little closely know that this seems to be the year of the meme coins. And one of the most representative in PEPE who has a large community supporting her behind.
Well, today PEPE has accomplished another milestone and has placed itself in the top 20 above historical currencies like Litecoin.
Screenshot of the website https://www.coingecko.com/
Its market capitalization has exceeded 7 billion dollars, a joke figure for a joke currency. This represents an increase of 80% in the last 7 days.
I wonder if we will ever see a meme coin surpass Bitcoin itself? I don't think so but I also didn't think they would become as important a market as they are now, so anything is possible in this crazy world of crypto.
Now PEPE has set an all-time high at $0.00001725 per token. Logic tells us that holders will reap benefits but what does logic matter in a meme currency, nothing at all.
So don't rule out that this is just another step on PEPE's upward path. After all, Dogecoin has a capitalization 3.5 times higher.
Congratulations to all those lucky ones who have some PEPE
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