PEPE Token Soars 21,000%: Crypto Traders Reap Big Profits!
• PEPE, the new meme token, has seen a massive price rally of over 21,000% in the last three days.
• Uniswap is witnessing its highest number of transactions due to PEPE token trades.
• Traders are shifting their attention from leading memecoins such as Dogecoin (DOGE) and Shiba Inu (SHIB) to PEPE token.
PEPE Token Outperforms Top Cryptocurrencies
The one-week-old frog-themed memecoin Pepe (PEPE) surged more than 41% in the last 24 hours outperforming top cryptocurrencies Bitcoin (BTC) and Ethereum (ETH). PEPE climbed about over 21,000%, 38% and 36%, respectively. Moreover, traders on Crypto Twitter seem to be shifting their attention from leading memecoins such as Dogecoin (DOGE) and Shiba Inu (SHIB) to the internet meme Pepe.
Uniswap Witnesses Highest Number of Transactions
Due to the drastic price rally in Pepe coin, cryptocurrency investors are winning big profits. Furthermore, the decentralized cryptocurrency exchange Uniswap had its highest number of transactions today due to the PEPE token transactions with trade volume increasing by more than 66%.
Explosive Price Rally in Small Cap Meme Coins
The new meme token also triggered small-cap meme coins like Dogelon Mars and Baby Doge Coin which briefly exploded before reverting back to their nominal values. One lucky buyer turned $250 into $1.02 million in just four days.
Popularity among Cryptocurrency and Social Media Communities
PEPE is gaining popularity among cryptocurrency and social media communities as it traded at $0.0000002576 with a 24-hour trading volume of $76 million and a market cap of $101 million at the time of writing.
Conclusion
The new meme token PEGG has surged significantly within weeks outperforming top cryptocurrencies Bitcoin and Ethereum while gaining traction among cryptocurrency and social media communities resulting in explosive price rallies in small cap meme coins as well as generating major profits for lucky buyers who invested early on this new coin.