Pepe Price Increases By 46%

Meme coin Pepe (PEPE) continues to record impressive performance over the past 24 hours, increasing by 46% in value and currently trading at 0.0000020 USD. This growth momentum of PEPE also reflects the overall positive situation of the entire current crypto market, when most major tokens have very impressive performance. More specifically, Frog Wif Hat (FWIF), a unique new meme coin project, attracted a lot of attention yesterday when it had a very successful launch on the Uniswap exchange.

PEPE Price Continues to Increase Strongly After Binance's Generous Policies

PEPE is continuing to extend its impressive track record, closing in the green for three consecutive days, and reaching its highest price since May 2023 to date.

This upward price momentum caused many investors both old and new to look to PEPE, causing spot volume for this token to skyrocket by 374%.

As a result, PEPE coin has become the most traded meme coin in the past 24 hours.




The main catalyst behind PEPE's impressive price increase is Binance's new Simple Earn promotion for the token, offering extremely attractive rewards that any investor cannot ignore.

Since the promotion was announced this past Friday, PEPE coin price has increased by a whopping 69% – surpassing key resistance levels of $0.0000014 and $0.00000165.

However, some traders now believe that PEPE's rally may not last long.

If PEPE's growth momentum cools, a potential downside target could be $0.00000188. This is a level that investors will hope serves as a base for the meme token's next price increase.

Meme Coin Mania Returns to the Race, DOGE, SHIB And Other Coins Soar

It's not just PEPE that's flourishing.

Many "senior" coins/tokens in the entire meme coin market are also showing signs of very good growth.

Dogecoin (DOGE), the world's largest meme coin by total market capitalization, has increased by more than 7% in the past 24 hours. Meanwhile, Shiba Inu (SHIB) also recorded a growth of 6%.



Solana-based meme coins such as Bonk (BONK) and Dogwifhat (WIF) have also recorded impressive growth.

The total meme coin market capitalization has now reached $24.3 billion, with spot trading volume reaching $3.1 billion.

It is unclear what the main catalyst for this impressive growth momentum is, although some traders on social networks speculate that it could be a spillover effect from PEPE's strong price pump.

The strong interest of the investor community in PEPE coin seems to have caused the whole meme coin market to revive and explode.

Frog Wif Hat Explodes After Listing on Uniswap

While most of the established meme coins are developing and growing strongly, a completely new token has also had a very successful launch.

Frog Wif Hat (FWIF), an Ethereum-based token with a fun France theme, recently fair launched on Uniswap, where all 1 billion tokens of the project's total supply were redeemed. publicly available to investors.

Within seven hours, the value of FWIF increased by more than 800%, reaching a peak of $0.0045.



Although the price of the FWIF token has fallen back from its peak last night, FWIF still has a market capitalization of $1.6 million. Furthermore, the project has completed more than 7,500 transactions in a very short time - less than 24 hours.

Meme coin FWIF is currently trading around 0.0016 USD and has found a price floor in recent hours.

As a result, the Frog Wif Hat Telegram community is increasingly confident that the token could be gearing up for another explosive price increase today or later in the week.



Like many recently launched meme coins, Frog Wif Hat has benefited greatly from the enormous speculative hype following its first hours of public market launch.

However, the developers of the Frog Wif Hat project are looking to maintain this interest long term. The project development team has established a liquidity lock mechanism – meaning there is no chance of a rug-pull happening.

With PEPE coin exploding, and the entire meme coin market thriving, this seems like the perfect time for the Frog Wif Hat project to continue its initial impressive growth momentum in the coming days.