PEPE Soars, Leading Memecoin Sector's Growth
PEPE has witnessed a remarkable surge in market capitalization, doubling its value over the past 30 days. This growth has propelled PEPE to the forefront of the burgeoning memecoin sector.
Other memecoins have also experienced significant gains, with PONKE and MAGA closely following PEPE. PONKE has seen a 96% increase in market cap, while MAGA has grown by an impressive 80%.
The memecoin sector has experienced a surge in trading volume this week, rising by 136%. This surge reflects the growing interest and activity in the sector.
According to data from Santiment, a market intelligence platform specializing in cryptocurrency metrics, the memecoin sector has enjoyed a robust surge in the second quarter. PEPE's market cap has doubled, making it a standout performer in the memecoin market.
In addition to PEPE, other memecoins such as PONKE and MAGA have also seen impressive growth. PONKE has increased by 96%, while MAGA has grown by 80%. These gains underscore the rising interest in the memecoin sector.
The surge in the memecoin sector is notable, as assets like TURBO and BITCOIN have also benefited from this trend. TURBO's market cap has grown by 78%, while BITCOIN has seen a 76% increase. These gains highlight a broader trend within the cryptocurrency market, where memecoins are outperforming other sectors.
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