- This may be related to PEPE’s listing on BitMEX
- In a day, the value of the asset increased by 78%
- Trading volume exceeds $650 million
- We also previously reported that the token was in the top 3 meme-coins according to CoinGecko
Yesterday, May 4, the PEPE rate broke through the ceiling and set a new all-time high of $0.00000221 (+78% in 24 hours). The capitalization of the asset has exceeded $930.5 million, which reflects another peak, perhaps the most popular meme-coin in recent weeks.
As a reminder, Incrypted did a review of this token for you:
We also talked about how one of the traders earned more than $1 million on it by investing $250.
After a slight lull at the end of April, and the token was launched in the middle of the month, the PEPE rate is going up again. This is what the market looks like at the time of this writing:
As you can see, the daily trading volume has exceeded $650 million. Today, May 5, the capitalization and the cost have slightly decreased, but this can be attributed to the usual rebound.
The change in the economic performance of the asset may be related to the listing of PEPE on BitMEX. We also recall that Zhao admitted the possibility of listing the meme-coin on Binance if it proves to be viable.
However, despite this, PEPE remains primarily a speculative asset. This morning, the token rate fell by 15%, but then went up again.
We also talked about the “first AI token” called Turbo. The project is completely built with ChatGPT. At the same time, the capitalization of the asset has already exceeded $50 million.
