{"id":33348,"date":"2024-12-09T10:00:26","date_gmt":"2024-12-09T07:00:26","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=33348"},"modified":"2024-12-09T08:18:43","modified_gmt":"2024-12-09T05:18:43","slug":"pepe-memecoin-surpasses-uniswap-hits-all-time-high","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/pepe-memecoin-surpasses-uniswap-hits-all-time-high\/","title":{"rendered":"Pepe Memecoin Surpasses Uniswap: Hits All-Time High"},"content":{"rendered":"<p>The popular frog-themed memecoin <strong>Pepe (PEPE)<\/strong> surpassed <strong>Uniswap (UNI)<\/strong> in market capitalization on December 7, setting a new all-time high. According to <strong>CoinMarketCap<\/strong>, Pepe&#8217;s market cap exceeded $11 billion, while Uniswap\u2019s stood at approximately $10.6 billion.<\/p>\n<p>Pepe gained around <strong>16.8% in the last 24 hours<\/strong> and is up <strong>26% over the past week<\/strong>. At the beginning of 2024, its market cap was just $591 million. By December 5, Pepe crossed the $11 billion threshold, marking an <strong>18x growth<\/strong> since the start of the year.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2024-12\/0193a31d-2731-7501-b936-d81aa0241c92\" alt=\"pepe\" width=\"1846\" height=\"1272\" \/><\/p>\n<h2>The Rise of Pepe<\/h2>\n<p>Launched in 2023, inspired by the success of memecoins like <strong>Dogecoin (DOGE)<\/strong> and <strong>Shiba Inu (SHIB)<\/strong>, Pepe quickly became a favorite among traders despite openly stating it has &#8220;no intrinsic value.&#8221;<\/p>\n<p>In September 2024, Pepe rallied after months of consolidation, gaining <strong>30% within a week<\/strong>. However, the token retraced during early November. Following a period of price consolidation in October, Pepe kicked off a historic rally in November, reaching its previous all-time high and eventually breaking it.<\/p>\n<p>The growing popularity of Pepe among market speculators and investors led <strong>Binance.US<\/strong> to list the token on December 5, further fueling its rise. Memecoins continue to dominate the current crypto market narrative.<\/p>\n<p>With over <strong>7,000% gains since its inception<\/strong>, Pepe has positioned itself as a serious contender to Dogecoin and Shiba Inu. In just one year, the memecoin has soared in market value, becoming one of the top cryptocurrencies by market cap.<\/p>\n<hr \/>\n<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The popular frog-themed memecoin Pepe (PEPE) surpassed Uniswap (UNI) in market capitalization on December 7, setting a new all-time high. According to CoinMarketCap, Pepe&#8217;s market cap exceeded $11 billion, while Uniswap\u2019s stood at approximately $10.6 billion. Pepe gained around 16.8% in the last 24 hours and is up 26% over the past week. At the<\/p>\n","protected":false},"author":28,"featured_media":33349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4384,4619,22,2883,67,68,4223,1332,9933,466,484,66,2013,71],"class_list":["post-33348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-genel","tag-all-time-high","tag-ath","tag-binance","tag-crypto-analysis","tag-doge","tag-dogecoin","tag-market-cap","tag-memecoin","tag-memecoin-rally","tag-pepe","tag-shib","tag-shiba-inu","tag-uni","tag-uniswap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pepe Memecoin Surpasses Uniswap: Hits All-Time High - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/pepe-memecoin-surpasses-uniswap-hits-all-time-high\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pepe Memecoin Surpasses Uniswap: Hits All-Time High - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"The popular frog-themed memecoin Pepe (PEPE) surpassed Uniswap (UNI) in market capitalization on December 7, setting a new all-time high. According to CoinMarketCap, Pepe&#8217;s market cap exceeded $11 billion, while Uniswap\u2019s stood at approximately $10.6 billion. Pepe gained around 16.8% in the last 24 hours and is up 26% over the past week. 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