Newly Launched Crypto, PEPE Coin Had Strengthened 152 Percent
Follow Us @
Newly Launched Crypto, PEPE Coin Had Strengthened 152 Percent
Liputan6.com, Jakarta As of April 30, 2023, the top meme coin crypto asset based on market capitalization was worth USD 19.11 billion or the equivalent of IDR 281 trillion (assuming an exchange rate of IDR 14,698 per US dollar). Over the past 24 hours, the valuation of all meme tokens has increased by 1.6 percent.
However, only two of the top five meme coins by market cap are profitable. One of them, the newly launched cryptocurrency, pepe (PEPE), leads the pack with triple-digit gains.
Quoted from Bitcoin.com, Tuesday (2/5/2023), PEPE Coin (PEPE), a crypto meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, up 152.9 percent against the US dollar .
The latest statistics show that PEPE’s market capitalization has jumped from USD 141 million or equivalent to IDR 2 trillion on April 22 to its current valuation of USD 303 million or equivalent to IDR 4.4 trillion.
As of April 30, 2023, the top meme coin crypto asset by market cap was valued at USD 19.11 billion. Over the past 24 hours, the valuation of all meme tokens has increased by 1.6 percent.
Bitcoin.com previously reported on PEPE and several other meme coin assets eight days ago. At that time, PEPE was the sixth largest meme token asset by overall valuation.
At present, PEPE is the fifth largest and has a global trading volume of USD 149.63 million or equivalent to IDR 2.2 trillion, which is just below the daily cardano (ADA) volume on Sunday.
The meme token is 10 percent lower than its all-time high recorded Sunday at USD 0.000000813847 or IDR 0.012 per unit.
The market value of the meme coin economy has seen significant fluctuations in recent months, with dogecoin (DOGE) and shiba inu (SHIB) experiencing ups and downs.
The meme coin asset has been receiving increased demand from investors and speculators in the cryptocurrency market since its significant increase in value since 2020.
The meme coin economy is known for its volatility, but DOGE and SHIB have remained at the forefront of the meme coin market for the past two years. While the market value of these meme coins may fluctuate, their impact on the wider crypto economy has not been overlooked.
Disclaimer: Every investment decision is in the hands of the reader. Study and analyze before buying and selling Crypto. Liputan6.com is not responsible for profits and losses arising from investment decisions.
Newly Launched Crypto, PEPE Coin Had Strengthened 152 Percent
Follow US ON OUR SOCIAL MEDIA: << FACEBOOK >> | << WHATSAPP >> | << TELEGRAM >> | << TWITTER >
Newly Launched Crypto, PEPE Coin Had Strengthened 152 Percent
#Newly #Launched #Crypto #PEPE #Coin #Strengthened #Percent
-
Cryptocurrency3 months ago
NFT Sales Touch IDR 4.3 Trillion in the Second Week of February 2024
-
Sports3 months ago
Making history at the 2023 Asian Cup, the Indonesian national team raises its position in the FIFA rankings
-
Sports2 months ago
Falling from Bilbao, Girona's position is threatened in the Spanish League
-
Sports2 months ago
PSG Will Try to Sign Frenkie De Jong from Barcelona
-
usa today entertainment3 months ago
Adu Outfit Park Min Young Becomes an Office Worker, from Drakor What's Wrong with Secretary Kim to Marry My Husband
-
Sports3 months ago
And Ashworth Urges Manchester United to Seize an Important Figure at Chelsea
-
Trend tech & Telecoms3 months ago
28 Terrorist Group Accounts Get Paid Blue Check on X
-
Sports3 months ago
Lukaku Calls Draw Away Good Results