Home > Information news > PEPE Leads Memecoin Surge Doubling Market Cap in 30 Days

PEPE Leads Memecoin Surge Doubling Market Cap in 30 Days

Release: 2024/05/16 18:05 Reading: 433

Original author:CryptoTale

Original source:https://coinmarketcap.com/community/articles/6645c9198f7d3338468545ae

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.

For more insights, visit Cryptotale.

Connect with us on:

  • Website
  • Twitter
  • Telegram
  • Instagram

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.