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Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure. PEPE is a deflationary memecoin launched on Ethereum. The cryptocurrency was created as a tribute to the Pepe the Frog internet meme, created by Matt Furie, which gained popularity in the early s. The project aims to capitalize on the popularity of meme coins, like Shiba Inu and Dogecoin , and strives to establish itself as one of the top meme-based cryptocurrencies.

Pepe coingecko

Welcome back to Distributed Ledger. This is Frances Yue, crypto and markets reporter at MarketWatch. Some newer meme coins also saw significant gains. Meme coins' rise came as investors "tried to squeeze every last bit of bullish conditions," according to Slater Heil, co-founder and chief operating officer of decentralized-finance platform Blueberry Protocol. Meme coins are usually much more volatile than bitcoin, often outperforming bitcoin in bull markets and underperforming the No. Despite meme coins' recent rally, the level of retail participation in the crypto market is still much lower than in , when bitcoin last hit a record high, according to Rich Rosenblum, co-founder and president of digital-asset trading firm GSR. Still, when bitcoin "approaches and hits new highs, that's a great reason for the retail interests to come back," Rosenblum said during a call. Adding to the evidence of retail investors' gradual return is that crypto exchange Coinbase COIN was ranked in the top again in the U. Apple App Store earlier this week for the first time since February , according to data from the Block. As bitcoin scored a new record high, some investors may sell some of the bitcoin they own in order to capture the gains and invest in other areas of the crypto market, such as meme coins and nonfungible tokens, Rosenblum said. The trading of meme coins is highly speculative, Rosenblum added. Bitcoin and stocks both near record highs? One month later, bitcoin had declined Bitcoin had dropped This data set is not statistically significant and is not indicative of future performance.

Feb 12 Bitcoin market capitalization share rises to Pepe coingecko Pages:. Meme coins' rise came as investors "tried to squeeze every last bit of bullish conditions," according to Slater Heil, co-founder and chief operating officer of decentralized-finance platform Blueberry Protocol.

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The meme coin category tracked on CoinGecko showed an 8. Bullish demand for ether started to increase in mid-January amid expectations that it would be the next major token after bitcoin BTC to get a spot exchange-traded fund ETF in the U. Coinbase premiums for Ethereum ecosystem tokens were higher than usual in the past week, suggesting recent demand was led by U. Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November , CoinDesk was acquired by the Bullish group, owner of Bullish , a regulated, digital assets exchange. The Bullish group is majority-owned by Block.

Pepe coingecko

The increased network activity is benefitting ether investors by burning the token's supply at a faster pace, but it has also made Ethereum "unusable" for many due to sky-high Traders have been using meme tokens as a proxy bet on the growth of Ethereum or other blockchains. Meme tokens are seen as a way to bet on the growth of a blockchain, as they are considered more retail-friendly and easier to understand for new investors. It is the crypto market standard, benchmarking billions of dollars in registered financial products and pricing hundreds of millions in daily over-the-counter transactions.

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Pepe Price Live Data. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Bitcoin and stocks both near record highs? Jan 11 CoinGecko 's X accounts compromised in phishing attack. Additionally, PEPE features a burning mechanism whereby a portion of the coins are permanently removed from circulation on a regular basis. Dec 29 In the past 24 hours, the entire network liquidated million US dollars, and the total market value of cryptocurrency fell by 3. The remaining 6. Sponsor Center. More information. Some newer meme coins also saw significant gains. Dec 26 Bitcoin market capitalization enters top 15 global currencies. Jan 23 In the past 24 hours, the entire network liquidated million U. Apple App Store earlier this week for the first time since February , according to data from the Block. The project aims to capitalize on the popularity of meme coins, like Shiba Inu and Dogecoin , and strives to establish itself as one of the top meme-based cryptocurrencies. Dominance: BTC:

Welcome back to Distributed Ledger. This is Frances Yue, crypto and markets reporter at MarketWatch.

Still, when bitcoin "approaches and hits new highs, that's a great reason for the retail interests to come back," Rosenblum said during a call. The project's dedication to honoring this character distinguishes it from other cryptocurrencies and strengthens its appeal within the crypto community. Community Feeds Topics Lives Articles. Exchanges: Decentralized validators stake 32 ETH to process transactions and secure the network. Download the CMC mobile app to get live price updates. All-time low Apr 17, a year ago. This data set is not statistically significant and is not indicative of future performance. PEPE is a deflationary memecoin launched on Ethereum. More information. Dec 29 In the past 24 hours, the entire network liquidated million US dollars, and the total market value of cryptocurrency fell by 3. Memes Show all.