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A cryptocurrency that has grown significantly due to its own updated version is named
Cryptocurrency analysts have noted that Pepe 2.0, an updated version of the PEPE meme coin, is showing a steady upward trend. As a result, yesterday, July 3, the Pepe rate rose from a 24-hour low of $ 0.1 525 to a high of $ 0.1 665.
«In just 20 days, PEPE has reached a market capitalization of $ 1 billion. We are only four days old and the ATH of the capitalization is $ 55 million. A major marketing campaign started on Monday [3 липня]. PEPE2 has broken all PEPE records to date,» the meme token’s developers wrote on Twitter.
«Pepe 2.0 signifies a new start, correcting past mistakes such as blacklisting investors and late launches. Thetoken represents growth and progress,» they added.
Reflecting the positive sentiment towards Pepe 2.0, the asset’s market capitalization increased by 8.64% to $ 652,491 Z87. Moreover, the increase in daily trading volume by 9.69% to $ 128,746,025 further underscores the enthusiasm of cryptocurrency holders.
As evidenced by the Relative Strength Index (RSI) of 66. Z1, bullish momentum continues to prevail for PEPE. If it continues to grow and remains above the 50 level, this will indicate increased buying pressure and may lead to a further uptrend in the PEPE price.
At the time of writing, the PEPE token is trading at $ 0.1 741, which is 7% higher than yesterday. The coin’s market capitalization is $ 734.2 million, and daily trading volumes have reached $ 402 million.
As a reminder, the classic PEPE meme coin reached a historic high on May 5, when it hit $ 0.44, and since then, the token price has been falling steadily. The decline was rapid and by June 10, the virtual asset was worth $ 0.841. Since then, PEPE has been moving upward, and the acceleration of the rate of the next growth was recorded on June 21. Just two days later, on June 23, a cryptocurrency millionaire sharply raised the price of the PEPE memo token by 90% - the whale, which had previously made a large-scale transaction with the memo coin and recorded a profit of $ 11.47 million, bought 3.43 trillion PEPE again.