Pepe Coin Exceeds Uniswap's Market Capitalization, Aims for BCH, HBAR, and SUI Dominance
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Pepe Coin (PEPE) has swipped past Uniswap (UNI) to become the 21st largest cryptocurrency by market cap and hit a brand-new all-time high (ATH) over the past 24 hours, aiming to overtake Bitcoin Cash (BCH), Hedera (HBAR), and Sui (SUI).
After a 2% price surge in 24 hours and a 25% increase over the last week, the fun-themed token's market cap topped over $11 billion. Meanwhile, UNI's valuation lingers at around $10.77 billion as of 1:39 a.m. EST.
BCH, HBAR, And SUI Might Be Next As Pepe Coin Feels The Binance.US Boost
Pepe Coin's ranking climb comes shortly after Binance.US announced the memed crypto's listing on Dec. 4. On Dec. 5, trading for the PEPE/USDT coin pair started on the centralized exchange at 11:00 a.m UTC.
"Since day one, PEPE has captivated network participants mainly due to social media and community support," Binance.US said in its platform listing announcement.
Should PEPE's uptrend continue, the crypto may soon replace BCH as the 19th largest cryptocurrency by market cap.
CoinMarketCap figures show that Bitcoin Cash's market cap is roughly $1 billion less than Pepe Coin's. HBAR and SUI are within reach now, with respective capitalizations of around $12.05 and $12.19 billion.
Are Pepe Wall Street and Pepe Unchained Ready to Keep Up With PEPE's Pace?
Pepe Coin's surge above UNI comes just in time for layer-2 meme token Pepe Unchained (PEPU), scheduled for tomorrow's launch at 2:00 p.m. UTC.
Pepe Unchained is this year's most successful presale, having raised nearly $74 million, and murmurs about potential listings on Binance or Coinbase run rampant. Pepe Unchained's team hinted at multiple tier-1 platforms eager to add PEPU to their list of tradable assets.
When Pepe Coin landed on Coinbase and Robinhood last month, its price skyrocketed.
Pepe Unchained Presale: SOLD OUT! 🐸
The token launch and claim will begin at 2 PM UTC on Tuesday, 10th December.
Thanks for hopping along on this thrilling adventure! It's going to be a wild ride! 🐸🚀
- Pepe Unchained (@pepe_unchained) December 5, 2024
Another PEPE spinoff, Wall Street Pepe (WEPE), is off to a hot start with its ICO. To date, the token has raised over $3.1 million in less than six days, sparking predictions that the new meme coin could surge 100X after launch.
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- Pepe Unchained, a layer-2 meme token inspired by Pepe Coin, is scheduled for launch on December 10th, following the success of Pepe Coin on exchanges like Coinbase and Robinhood.
- With a market cap of over $11 billion, Pepe Coin's recent surge past Uniswap has largely reignited conversations about its potential to overtake Bitcoin Cash, Hedera, and Sui in the cryptocurrency market.
- Given Pepe Unchained's record-breaking presale and the success of other PEPE spinoffs like Wall Street Pepe, the technology sector of finance could see significant changes in the near future, especially with potential listings on Binance or Coinbase.
