PEPE ranks third by market capitalization among meme tokens

In the last 24 hours, the Pepe (PEPE) token rose by 126%, taking third place by market capitalization among meme coins.

According to CoinGecko, PEPE’s market capitalization reached $543.1 million. In terms of daily trading volume, the coin more than doubled its closest rival — Shiba Inu (SHIB) — and almost matched Dogecoin (DOGE).

According to Etherscan, at the time of writing the total number of PEPE holders stands at 66,384. Since the memecoin’s inception, 429,391 transactions have been conducted with it.

The meme token is currently listed on crypto exchanges Huobi, MEXC and Gate.io.

OKX also announced the listing of PEPE. Spot trading in the USDT pair will begin on May 1 at 19:00 (Kyiv/MSK), and deposits will open exactly 24 hours after the listing.

Earlier, the MEV-bot made about $1.5 million in profits in PEPE pairs, spending $1.3 million on gas.

Analysts at Arkham noted that user dimethyltryptamine.eth earned more than $2 million in less than a week from operations with the meme token.