In the meme coin realm, the last week has ignited fresh momentum, and the buzz revolves around Pepe Coin (PEPE), which has witnessed a remarkable surge over the weekend. This rally has set traders\u2019 minds racing, as they contemplate whether PEPE\u2019s ascent could evolve into a formidable challenge to the supremacy of Shiba Inu (SHIB) and Dogecoin (DOGE).<\/p>\n
At the time of writing, PEPE was trading at $0.00000120, up 3.3% in the last 24 hours, and registered an impressive weekly increase of 90%,<\/a> data from crypto market tracker Coingecko shows.<\/p>\n<\/p>\n Just recently, Pepe had reached a market cap of $1.6 billion, sparking conversations about its potential to compete with the crypto market\u2019s top meme coins. This rapid resurgence showcases its resilience and its enduring allure to traders and investors.<\/p>\n Pepecoin<\/a>, drawing inspiration from the iconic Pepe the Frog meme, has carved a noteworthy niche in the meme coin arena. Its remarkable journey in early 2023, achieving a staggering $1.6 billion market cap and a rapid 100% weekly growth, hints at the potential for a price surge in Q4 2023.<\/p>\n 142,069 $PEPE<\/a> pic.twitter.com\/B0tp66Oq4u<\/a><\/p>\n \u2014 Pepe (@pepecoineth) October 25, 2023<\/a><\/p>\n<\/blockquote>\n As this developed, the frog-themed meme coin also made headlines when its reach extended to over 155,000 on-chain wallets,<\/a> encompassing all tokens bridged to both Arbitrum and BSC, underlining its widespread adoption and engagement within the cryptocurrency community.<\/p>\n This impressive user base indicates a growing and vibrant ecosystem, poised to explore new horizons and opportunities in the digital asset space.<\/p>\n The sudden and robust gains in PEPE\u2019s price have captured the attention of traders and investors, highlighting its potential as an attractive investment within the volatile cryptocurrency market.<\/p>\n Pepe (PEPE), a meme coin born during crypto winter, has witnessed an astonishing feat, doubling its price within a week to reach a $500 million market cap. This surge comes as traders anticipate the potential impact of a Bitcoin (BTC) spot ETF on the broader market.<\/p>\n As market charts showed a 1% gain in the global crypto market value, reaching $1.28 trillion as of October 26, the prices of cryptocurrencies saw a little boost. Positive momentum from the \u201cUptober\u201d surge caused the cryptocurrency market to rise significantly in the last few sessions on a global scale.<\/p>\n (This site\u2019s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n Featured image from iStock\/Linas Toleikis<\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" In the meme coin realm, the last week has ignited fresh momentum, and the buzz revolves around Pepe Coin (PEPE), which has witnessed a remarkable surge over the weekend. This rally has set traders\u2019 minds racing, as they contemplate whether PEPE\u2019s ascent could evolve into a formidable challenge to the supremacy of Shiba Inu (SHIB) […]<\/p>\n","protected":false},"author":2,"featured_media":182127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-182126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/182126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=182126"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/182126\/revisions"}],"predecessor-version":[{"id":182129,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/182126\/revisions\/182129"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/182127"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=182126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=182126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=182126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Source: Coingecko<\/a><\/pre>\n
PEPE Reaches 155K On-Chain Wallets<\/strong><\/h2>\n
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<\/p>\nPEPE currently trading at $0.00000120 on the daily chart:TradingView.com<\/a><\/pre>\n
PEPE\u2019s Robust Market Valuation<\/strong><\/h2>\n