Pepe (PEPE) has demonstrated substantial long-term growth with a 490.21% increase in market cap since August 2023. Currently trading at $0.057801, PEPE saw a 23.33% rise over the past week, indicating potential short-term growth despite an 8.87% dip in the last 24 hours.
Despite PEPE's notable performance, a new meme coin is expected to surpass it in gains for summer 2024. This new coin promises higher returns and is capturing market attention, suggesting a shift towards new meme-based cryptocurrencies.
Investors are closely monitoring both PEPE and the new meme coin, assessing which will deliver the most significant returns in the upcoming months. The competition between these coins highlights the dynamic and rapidly changing nature of the cryptocurrency market.