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Pepe flies towards a new all-time high, with a surge of 98.8% in one month
Pepper (PEPPER), the popular frog-themed meme coin, continued its bullish streak, rising more than 10%. In recent days, the price of Pepe has increased, reaching new all-time highs (ATH) several times.
Over the past 24 hours, Pepe’s price has risen more than 10% to $0.00001577, marking a new all-time high and maintaining a strong performance streak over the past three months.
Despite the impressive rally, profit-taking by sellers pushed Pepe’s price to $0.00001501, which was still 6.64% higher than the level 24 hours ago.
PEPE 24-hour price chart | Source: CoinMarketCap
Data from CoinGecko shows that over the past week Pepe has risen 55.8% and over the past month it has risen 98.8%, regaining its place as the third largest memetic currency by market cap from Dogwifhat (WIFE).
Interestingly, Pepe’s price jump was accompanied by a reversal in its 24-hour trading volume, which at $1.469 billion represents a 36.90% decline from a day ago.
Despite the decline, data from Binance revealed that Pepe was still one of the most traded cryptocurrencies in the last 24 hours, surpassed only by BNB Coin (BNB), Bitcoin (Bitcoin) and Ethereum (ET).
The 10 most traded cryptocurrencies | Source: Binance
Major meme players
Pepe remains the most traded meme coin, far surpassing the likes of Shiba Inu (SHIB), Floki (FLOKI) and Dogecoin (DOGE).
But among the other main protagonists of the memes, only SHIB, WIF and Bonk (BONK) has registered any green in the last 24 hours.
- SHIB grew a modest 1.08%
- Bonk managed to further lower 0.30%.
- WIF performed much better, gaining 3.30% to trade at $2.95 as of this writing.
Over seven days, gains look much healthier.
- DOGE rose 8.71% in that period
- WIF and BONK gained 16.39% and 46.78% respectively.
- Floki has grown by 12.67% in seven days (but in the last 24 hours it has lost 0.36% of its overall value).
Overall, the best performers in the meme coin market over the past 24 hours have been low-limit coins like Samoyed (SAMO), Cheems (CHEEMMI) and cat (CWIF).
According to data from CoinMarketCap, Samoyed ended the day with a 44.71% increase in its price, with CHEEMS up 33.85% and CWIF up 30.09% to settle at $0.000001321.