It became known which cryptocurrency grew by 40% per day

Editor’s note: not financial advice!

Cryptocurrency analysts have singled out the Ripple memcryptocurrency, which has once again demonstrated rapid growth. The token managed to grow by 40% in a day, responding to the general revival of the cryptocurrency market.

The RER token has attracted the attention of users thanks to numerous success stories about the transformation of its first investors into multimillionaires. It was RER that took a place among the most popular cryptocurrencies in May.

As for the successes in June, memtoken was ranked 71st among the best digital assets by market capitalization. In 2 months from the launch date (April 18), RER managed to grow by 2497%. After growing by 40% per day, the token reached a monthly high.

One of the factors behind the growth of the memtoken price could be the mysterious publication of the Gemini exchange. The cryptocurrency platform posted a short video on Twitter that features the PEPE logo and talks about its possible jump «to the moon.» The clip also hints at the end of the bear market, showing how BTC conquers all problems.

Another reason for PEPE’s growth is the return of optimism to the cryptocurrency market. Bitcoin and most altcoins have shown growth, following BlackRock’s application to create a bitcoin exchange-traded fund (ETF). Cryptocurrency supporters are confident that this will give investors access to bitcoin without the need to own the underlying asset.

PEPE is not the only memcoin that has shown growth. The token’s competitors, such as Dogecoin (DOGE), Shiba Inu (SHIB), and Floki Inu (FLOKI), are also in the black.