{"id":18571,"date":"2024-11-14T10:49:40","date_gmt":"2024-11-14T08:49:40","guid":{"rendered":"https:\/\/forklog.com\/en\/pepe-meme-token-reaches-9-9-billion-market-capitalization\/"},"modified":"2024-11-14T10:49:40","modified_gmt":"2024-11-14T08:49:40","slug":"pepe-meme-token-reaches-9-9-billion-market-capitalization","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/pepe-meme-token-reaches-9-9-billion-market-capitalization\/","title":{"rendered":"PEPE Meme Token Reaches $9.9 Billion Market Capitalization"},"content":{"rendered":"<p>The price of the PEPE token, dedicated to the Pepe the Frog meme, surged by 80% in a single day, setting a new record at $0.000025. The asset&#8217;s peak market capitalization reached $9.9 billion.<\/p>\n<p><!--more--><\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"571\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image3-203-1024x571.png\" alt=\"image3-203\" class=\"wp-image-245201\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/image3-203-1024x571.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/image3-203-300x167.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/image3-203-768x428.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/image3-203.png 1214w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of PEPE\/USDT on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/x\/YPcz3WiP\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>At the time of writing, PEPE is trading at $0.000023 and <a href=\"https:\/\/coinmarketcap.com\/ru\/currencies\/pepe\/\">ranks<\/a> 14th on CoinMarketCap.<\/p>\n<p>The price jump followed the token&#8217;s listing on several crypto platforms, including <a href=\"https:\/\/newsroom.aboutrobinhood.com\/robinhood-crypto-expands-offering-with-solana-sol-pepe-pepe-cardano-ada-amp-xrp-xrp-for-u-s-customers\/\">Robinhood<\/a> and <a href=\"https:\/\/x.com\/coinbase\/status\/1856744112189260193\">Coinbase<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">You&#8217;ve long wanted the frog. Well, soon you&#8217;ll get the frog. <a href=\"https:\/\/twitter.com\/coinbase?ref_src=twsrc%5Etfw\">@coinbase<\/a> is adding PEPE to our listing roadmap with the goal of listing later today. Thanks for your patience.<\/p>\n<p>\u2014 paulgrewal.eth (@iampaulgrewal) <a href=\"https:\/\/twitter.com\/iampaulgrewal\/status\/1856698280123740601?ref_src=twsrc%5Etfw\">November 13, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Analyst Min Jung from Presto Research <a href=\"https:\/\/www.theblock.co\/post\/326479\/pepes-market-cap-briefly-tops-10-billion-on-back-of-77-price-surge\">noted<\/a> that the launch of PEPE on such major platforms is a significant event, as historically both have been cautious with meme tokens. Now, with direct access for ordinary American investors, the token may receive additional growth impetus.<\/p>\n<p>The listing also caught the attention of the creators of the &#8220;original&#8221; frog meme coin, PepeCoin, launched back in 2016. Despite its veteran status, this token is less popular and <a href=\"https:\/\/coinmarketcap.com\/ru\/currencies\/pepecoin\/\">ranks<\/a> 209th on CoinMarketCap.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Hey, since you enjoy frogs, adding the original Pepe coin <a href=\"https:\/\/twitter.com\/pepecoins?ref_src=twsrc%5Etfw\">@pepecoins<\/a> (from 2016) would be an even better choice. And, objectively, we&#8217;ve been waiting longer. ? <a href=\"https:\/\/t.co\/z8qV5wEBCP\">pic.twitter.com\/z8qV5wEBCP<\/a><\/p>\n<p>\u2014 Pepecoin (@pepecoins) <a href=\"https:\/\/twitter.com\/pepecoins\/status\/1856802388142702768?ref_src=twsrc%5Etfw\">November 13, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;Hey, since you enjoy frogs, adding the original Pepe coin would be an even better choice. And, objectively, we&#8217;ve been waiting longer,&#8221; commented the X-account of the &#8220;original&#8221; meme token.<\/cite><\/p><\/blockquote>\n<p>Previously, the price record was set by the meme token Peanut the Squirrel, which quadrupled in value in one day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of the PEPE token, dedicated to the Pepe the Frog meme, surged by 80% in a single day, setting a new record at $0.000025. The asset&#8217;s peak market capitalization reached $9.9 billion.<\/p>\n","protected":false},"author":1,"featured_media":18570,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1161],"class_list":["post-18571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-memes"],"aioseo_notices":[],"amp_enabled":true,"views":"52","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=18571"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18570"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}