Pepecoin Doubles to $500M Market Cap as Memecoin Fever Steals Bitcoin's ETF Thunder

, one of the many memecoins that spawned out of crypto winter, has doubled in a week to a $500 million market cap as traders anticipate the etchings of a bitcoin

The frog-themed memecoin was one of the beacons of optimism in the recent bear market, rising to a $1.6 billion market cap in early May as traders speculated over whether it could rival the likes of dogecoin The hype rapidly wore off as the market cap slipped to $244 million earlier this month, but it now appears to have found a way out of the doldrums with a significant uptick in trading volume and on-chain activity.revealed that more than 155,000 individual wallets were holding pepe, including all token bridges to Arbitrum and BSC.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin price doubles YTD, eyes $35,000 as cryptocurrency market prepares for BTC halvingBitcoin (BTC) price is already eyeing the $35,000 level after doubling its value year to date. With more gains in sight, it remains unclear what exact
Source: FXStreetNews - 🏆 14. / 72 Read more »

Crypto market struggles in $2 trillion market cap quest as investors cling on Bitcoin ETF approvalCrypto investors seem to be making strategic moves by shuffling their funds between Bitcoin and alternative cryptocurrencies, popularly known as altco
Source: FXStreetNews - 🏆 14. / 72 Read more »

Tether's circulating market cap surpasses $84 billion despite quiet crypto marketTether's (USDT) circulating market capitalization surged past $84 billion this week with the top stablecoin holding above the mark on Wednesday. The r
Source: FXStreetNews - 🏆 14. / 72 Read more »

Get in the spooky spirit at ‘HallowGreen’ Market this weekendThe Houston Plant Market is hosting its annual HallowGreen Market at M-K-T.
Source: KPRC2 - 🏆 80. / 68 Read more »