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The Rise of PEPE

In a memecoin cycle where Solana has been king, ETH's memecoin du jour is still the big winner.
The Rise of PEPE
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Up over 100% this month and over 1100% year-to-date, PEPE has rocketed into the slot of the third-largest memecoin with a whopping $6.2B market cap

The infamous frog has made a significant impact on the Ethereum memecoin ecosystem since its launch in April 2023, rising to become one of the highest consensus plays of this cycle so far.

In this article, let's take a look at the memecoin's initial journey and then dive into its recent rise and related offshoots, all to get a sense of where the token is at and where it may be going. 👀

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David Christopher

Written by David Christopher

565 Articles View all      

David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.

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