![Pepe [PEPE] hits ATH, surpasses Dogecoin’s volume; Is $1bln market cap on the horizon?](https://i.headtopics.com/images/2023/5/5/cryptoamb/pepe-pepe-hits-ath-surpasses-dogecoin-s-volume-is--pepe-pepe-hits-ath-surpasses-dogecoin-s-volume-is--1654502131678736384.webp)
Despite a series of corrections, the new meme on the block PEPE proved that the meme coin season may be far from over.
At the time of writing, PEPE gained over 80% while exchanging hands at $0.0000021. The token, which emerged on thenetwork gained traction among crypto enthusiasts since its price spurred a 2900% increase over the few weeks since its release.
Although the growth of the cryptocurrency hasn’t been linear, there has been speculation that its market capitalization could hit $1 billion soon. One reason for this perception was the way several whales considered the token worthy of an investment.Shiba Inu’s [SHIB] trading volume at one point. And when there were corrections, whales bought the dip in a bid to accelerate the growth.
Besides PEPE, many other memes have popped up. But none seems to have the hype like this token, which has gotten a number of exchange listings. And according to Lookonchain, a particular whale exchanged almost all their assets for PEPE.
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