Token

Memecoin

Read

<ul>
 <li>PEPE’s market cap surpasses $4.4 billion amid the meme coin sector rally.</li>
 <li>Solana-based meme tokens ROAR and GME also see significant gains.</li>
 <li>Whales take profits despite PEPE’s sustained climb, signalling investor activity.</li>
</ul>
<p>With a market capitalization that is astoundingly over $4.4 billion, PEPE, a memecoin with a frog theme, has reached new heights. This rise is representative of the recent movement and was sparked by a <a href="https://cryptonewsland.com/altcoins-to-surge-100x-rndr-pepe-ton-are-you-ready/" target="_blank" rel="noopener noreferrer nofollow">sector-wide rally</a> caused by the comeback of GameStop trader Roaring Kitty.</p>
<p>Significant gains have also been made by other meme coins that rank among the top 30 by market capitalization and <a href="https://www.coingecko.com/en/categories/solana-meme-coins" target="_blank" rel="noopener noreferrer nofollow">Solana-based tokens</a> known as ROAR and GME. PEPE saw a remarkable 24 percent increase in value in just 24 hours, peaking on Binance at $0.00001119 which is a very substantial value rise.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Whales have taken profits after the <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a> price recorded a new ATH (24H)! Have you taken yours?<br><br>1. Early holder 0x647 deposited 250B <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a> ($2.69M) to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> ~12 hours ago.<br>– The whale has 42.4B <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a> ($424K) left with a total profit of $3.96M (+8,833%).<br><br>2. Whale 0xa4f 123.7B… <a href="https://t.co/AxUxvMSYac" rel="noopener noreferrer nofollow">pic.twitter.com/AxUxvMSYac</a></p>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1790255638054043925?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 14, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p><a href="https://cryptonewsland.com/bonk-bonk-pepe-coin-pepe-hump-token-hump-3-meme-coins-cheaper-than-a-latte-that-can-make-you-50x-richer-in-2024/" target="_blank" rel="noopener noreferrer nofollow">PEPE’s ascent</a> is similar to that of other well-known meme coins including Dogecoin (DOGE), Shiba Inu (SHIB), Dogwifhat (WIF), Popcat (POPCAT), Floki (FLOKI), Bonk (BONK), Roaring Kitty (ROAR), and GameStop (GME).</p>
<p>Among the biggest things that happened on Monday was when Roaring Kitty uploaded an <a href="https://x.com/TheRoaringKitty/status/1789807772542067105" target="_blank" rel="noopener noreferrer nofollow">enigmatic picture</a> to X. Meme coins gained new interest as traders took this to mean that he would be back. PEPE has managed to hold onto its gains even if big wallet investors have made a sizable profit.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="zxx" dir="ltr"><a href="https://t.co/YgjVqtgcNS" rel="noopener noreferrer nofollow">pic.twitter.com/YgjVqtgcNS</a></p>— Roaring Kitty (@TheRoaringKitty) <a href="https://twitter.com/TheRoaringKitty/status/1789807772542067105?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 13, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>As per the information supplied by <a href="https://spotonchain.com/" target="_blank" rel="noopener noreferrer nofollow">SpotOnChain</a>, whales and early PEPE holders have already started to benefit from the coin’s explosive growth. Notable in particular is the $250 billion PEPE deposit made by early holder 0x647 onto Binance, totaling $2.69 million. In the meanwhile, another whale, 0xa4f, sold 123.7 billion PEPE for 1.31 million USDC, making a 20.5% profit on their PEPE holdings in just three days.</p>
<p>Usually, selling pressure from whales taking profits slows down price momentum. To the contrary of expectations, PEPE has maintained its rising trend into Tuesday. The amazing surge that PEPE has gone through is proof of the growing strength and popularity of meme coins in the cryptocurrency market. Their unabated rise has investors and fans alike enthralled with its speed. Even so, there are now pressures to take profits.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/how-did-dogwifhat-wif-surge-over-25-overnight-analysis-predictions/" rel="noopener noreferrer nofollow">How Did dogwifhat (WIF) Surge Over 25% Overnight? Analysis &amp; Predictions</a></li>
 <li><a href="https://cryptonewsland.com/memecoin-dogwifhat-wif-achieves-remarkable-milestone-with-3-35-ath/" rel="noopener noreferrer nofollow">Memecoin dogwifhat (WIF) Achieves Remarkable Milestone with $3.35 ATH</a></li>
 <li><a href="https://cryptonewsland.com/xrps-global-impact-amplified-by-uphold-and-sologenic-partnership/" rel="noopener noreferrer nofollow">XRP’s Global Impact Amplified by Uphold and Sologenic Partnership</a></li>
 <li><a href="https://cryptonewsland.com/unveiling-the-future-4-altcoins-revolutionizing-crypto-in-2024/" rel="noopener noreferrer nofollow">Unveiling the Future: 4&nbsp; Altcoins Revolutionizing Crypto in 2024</a></li>
 <li><a href="https://cryptonewsland.com/why-everyones-talking-about-pepes-32-16-daily-spike/" rel="noopener noreferrer nofollow">Why Everyone’s Talking About PEPE’s 32.16% Daily Spike</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/memecoin-pepe-token-surges-to-record-high-topping-4-4b-market-cap-can-wif-shib-bonk-or-doge-meet-this-rally/" rel="noopener noreferrer nofollow">Memecoin PEPE Token Surges to Record High Topping $4.4B Market Cap, Can WIF, SHIB, BONK, or DOGE Meet This Rally?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Memecoin PEPE Token Surges to Record High Topping $4.4B Market Cap, Can WIF, SHIB, BONK, or DOGE Meet This Rally?

Crypto News Land

Other articles published on May 14, 2024

PEPE Price Hits New All-Time High: Dogwifhat (WIF) and Other Top Meme Coins Experience Modest Gains

PEPE Coin Hits New Price Record

Startling Crypto Vlog Revelation: Forget Retik Finance, BlockDAG Could Hit $30 By 2030!

Coinbase Experiences Major Outage

Amazon-Backed Anthropic Launches Claude AI Chatbot in Europe

PEPE whale activity explodes amid price rally to new ATH

Join our free newsletter for daily crypto updates!