PEPE Coin Surges to $11B Market Cap, Overtakes Litecoin
TL;DR Summary
PEPE, a frog-themed meme coin, has reached a $10 billion market cap, surpassing Litecoin after an 18% price increase. This surge has propelled PEPE to the 21st position among cryptocurrencies. The rise is attributed to increased network activity, with more active, new, and zero-balance addresses indicating growing demand. Technical indicators suggest potential further gains, though market conditions remain volatile.
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