96% of PEPE holders are in profit despite recent drop

PEPE Soars as the Most Profitable Meme Coin

The popular meme coin PEPE has emerged as the most lucrative cryptocurrency among its peers, despite recent market fluctuations. In the year-to-date (YTD) period, PEPE's value has skyrocketed by 900%, surpassing Dogecoin (DOGE) and Shiba Inu (SHIB).

PEPE Holders Rejoice

According to data from IntoTheBlock, PEPE's remarkable 90% return this month has driven 96% of its holders into profitability. This surge has positioned the frog-themed meme coin as the most profitable major meme coin.

Massive Price Appreciation

PEPE has experienced a significant upward trend over the past month, contributing to its impressive long-term gains. In the last 24 hours, the coin has surged by 116%, accumulating around 300% over 90 days.

Price Correction After ATH

However, PEPE's meteoric rise was tempered by a 13% correction in the last 24 hours after reaching a new all-time high (ATH). At the time of writing, PEPE trades at an average price of $0.0000145.

Comparison to Other Meme Coins

PEPE's surge has occurred amidst broader gains in the meme coin market. While Dogecoin (DOGE) has increased by 30% in the last 90 days, it has fallen behind PEPE's performance. DOGE currently trades at $0.162, with a market cap of $23.4 billion.

Shiba Inu (SHIB), another top meme coin, has also been outpaced by PEPE. SHIB has risen by 157% YTD and now trades at $0.000026.

Dogwifhat's Long-Term Dominance

Dogwifhat appears to be the only meme coin that has potentially outperformed PEPE in the long run. WIF has surged by a remarkable 2186% YTD.