Top Reasons Why PEPE Price Rally Might Flip Polygon (Matic) Soon?

PEPE Price Rally Poised to Overtake Polygon in Market Cap Ranking

After a remarkable 136% surge in May, the PEPE token price has stabilized around $0.00001632. This frog-themed meme coin has experienced impressive gains throughout the month, reaching an all-time high of $0.00001718 just two days prior. Notably, PEPE has ascended into the top 20 cryptocurrencies by market capitalization.

At the time of writing, Pepe coin ranks 19th with a market cap of $6,858,900,630, closely trailing Polygon, which holds the 18th position with a market cap of $7,296,410,542.

Factors Contributing to PEPE's Potential Market Cap Flip

PEPE's sustained price rally, driven by its low value and high investor returns, has positioned it as a formidable contender. Based on technical indicators and market momentum, the ongoing PEPE price surge has the potential to surpass Polygon.

Rug & Pull Dynamics Between PEPE and Polygon

Over the past month, PEPE's market cap has doubled from its initial value. Commencing its rally with a market cap of $2.60 billion on May 1st, PEPE attained a peak of $7.34 billion yesterday. This rapid growth has brought PEPE within striking distance of Polygon.

On May 27th, PEPE briefly surpassed Polygon's market cap, reaching a high of $7.13 billion, while Polygon stood at $7.15 billion.

PEPE's Network Activity Dominance