PEPE passes Uniswap in market cap, hits ATH – Memecoin mania effect?

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PEPE surpasses Uniswap in market capitalization following a meteoric rise, signaling memecoins' increasing momentum in the crypto market.

from CoinGecko, PEPE now ranks as the 23rd largest cryptocurrency by market cap, pushing UNI down to 25th place.The development also comes amid PEPE’s sustained upward trend, with its market cap and price experiencing notable growth.

Despite the dip, the token’s performance has overshadowed that of UNI, which, while still on an uptrend with a 98% gain in the past month, has suffered a 3.2% decline in the past day, bringing its trading price to $17.69.Liquidations highlight market volatility

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