PEPE Price Hits New ATH, FLOKI Pumps as This New Meme Coin Prepares for Launch
The meme coin frenzy shows no signs of slowing down as we kick off a new week. PEPE, the frog-based meme coin, appears unstoppable at the moment, achieving yet another new all-time high following a 13% pump today.
However, Floki Inu emerges as the biggest gainer among top meme coins, with the FLOKI price surging around 17% in the past 24 hours. While these two meme coins steal the spotlight, a new contender is gearing up for launch and could potentially be the next meme coin to explode.
PEPE Price Prediction as Frog-based Meme Coin Flips Polygon (MATIC) in Market CapPEPE’s price has pumped 13% today, currently trading around $0.0000168, marking a new all-time high territory. This surge has propelled PEPE’s market cap above $7 billion, slightly higher than Polygon (MATIC), as this meme coin enters the top 20 cryptocurrencies by market capitalization.
The popular crypto analyst Patel, who has a substantial following of 64,000 on X, drew attention to PEPE’s feat of surpassing Polygon’s market capitalization. He emphasized the stark contrast between the two projects, with PEPE being a meme coin while Polygon offers tangible utilities such as scaling Ethereum, facilitating staking rewards, enabling governance voting, and powering decentralized finance (DeFi) applications and platforms.