PEPE Coin Rockets to $1B Market Cap, Leaving DOGE and SHIB Behind.

Pepecoin (PEPE), a new token based on the "pepe the frog" meme, has reached a $1 billion market capitalization after debuting last month, with other meme tokens also seeing increased trading activity. The UK's Financial Conduct Authority (FCA) has continued its crackdown on unlawful crypto ATMs, inspecting sites in Exeter, Nottingham, and Sheffield. Crypto exchange Coinbase reported Q1 revenue of $773 million, exceeding analysts' estimates, and trading volume came in at $145 billion. Gold is looking to break out of its three-year trading range, which could bode well for bitcoin, according to Matrixport.