It Took Only 19 Days for Pepe Coin To Reach $1 Billion in Market Cap
Pepe Coin entered the list of the ‘top 100 cryptocurrencies‘ in spectacular fashion during the first week of May 2023. The new meme currency also crossed the $1 billion mark in the market cap on the same day, stunning the investors’ community.
However, after reaching its all-time high of $0.00000431 on May 5, Pepe Coin plummeted in price and crashed to $0.00000150 levels. It is down nearly 63% from its ATH and could head south further in the coming days. Moreover, its $1 billion market cap is now reduced to $684 million after the crash.
Also Read: Shiba Inu: SHIB to Reach $1? See What Google’s Bard AI Says
Pepe Coin Reached $1 Billion Market Cap In 19 Days
Pepe Coin, the new meme token in town reached $1 billion in market cap in just 19 days after its launch. This astonishing feat is one-of-a-kind in the cryptocurrency sphere as it outperformed all leading tokens in the number of games. Pepe Coin is the first cryptocurrency to touch $1 billion in market cap in such a short period. Faster than the likes of Bitcoin, Ethereum, Dogecoin, and Shiba Inu, among others, hands down in their own game.
It took Bitcoin 1,579 days post-launch to reach a market cap of $1 billion in 2019. Ethereum took 287 days to climb above the $1 billion market cap. In addition, Pepe’s competitor Dogecoin needed 2,585 days to touch the $1 billion market cap numbers. On the other hand, Shiba Inu took 279 days to reach the same target.
Also Read: Shiba Inu Could Reach $10 by 2024? Here’s a Reality & Fantasy Check
Therefore, the new frog-themed currency outpaced all other cryptocurrencies to reach the mark in less than three weeks. Now that its market cap is at $684 million, there’s no guarantee that it could climb above $1 billion again. Nonetheless, its spectacular rise will be remembered in the crypto sphere for a long time to come.
Also Read: Shiba Inu: You Can Now Become a SHIB Billionaire With Only $10,000
At press time, Pepe Coin was trading at $0.00000161 and is up 4.9% in the 24-hours day trade. It is down 62.19% from its all-time high of $0.00000431, which it reached in May 2023.
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It Took Only 19 Days for Pepe Coin To Reach $1 Billion in Market Cap
Pepe Coin entered the list of the ‘top 100 cryptocurrencies‘ in spectacular fashion during the first week of May 2023. The new meme currency also crossed the $1 billion mark in the market cap on the same day, stunning the investors’ community.
However, after reaching its all-time high of $0.00000431 on May 5, Pepe Coin plummeted in price and crashed to $0.00000150 levels. It is down nearly 63% from its ATH and could head south further in the coming days. Moreover, its $1 billion market cap is now reduced to $684 million after the crash.
Also Read: Shiba Inu: SHIB to Reach $1? See What Google’s Bard AI Says
Pepe Coin Reached $1 Billion Market Cap In 19 Days
Pepe Coin, the new meme token in town reached $1 billion in market cap in just 19 days after its launch. This astonishing feat is one-of-a-kind in the cryptocurrency sphere as it outperformed all leading tokens in the number of games. Pepe Coin is the first cryptocurrency to touch $1 billion in market cap in such a short period. Faster than the likes of Bitcoin, Ethereum, Dogecoin, and Shiba Inu, among others, hands down in their own game.
It took Bitcoin 1,579 days post-launch to reach a market cap of $1 billion in 2019. Ethereum took 287 days to climb above the $1 billion market cap. In addition, Pepe’s competitor Dogecoin needed 2,585 days to touch the $1 billion market cap numbers. On the other hand, Shiba Inu took 279 days to reach the same target.
Also Read: Shiba Inu Could Reach $10 by 2024? Here’s a Reality & Fantasy Check
Therefore, the new frog-themed currency outpaced all other cryptocurrencies to reach the mark in less than three weeks. Now that its market cap is at $684 million, there’s no guarantee that it could climb above $1 billion again. Nonetheless, its spectacular rise will be remembered in the crypto sphere for a long time to come.
Also Read: Shiba Inu: You Can Now Become a SHIB Billionaire With Only $10,000
At press time, Pepe Coin was trading at $0.00000161 and is up 4.9% in the 24-hours day trade. It is down 62.19% from its all-time high of $0.00000431, which it reached in May 2023.
Read More