Today, Saturday, May 17, 2025, the memecoin PEPE is trading at approximately $0.00001224 USD, with a market capitalization close to $5.12 billion and a daily trading volume of $886 million. Despite a slight drop of 3.48% in the last 24 hours, PEPE has shown remarkable performance against Bitcoin, with a 55% increase in the last week.
This surge has been driven by renewed interest in memecoins and increasing activity on social media. Although PEPE lacks intrinsic utility, its popularity and community enthusiasm have contributed to its rise in the market.
With a circulating supply of 420 trillion tokens, PEPE currently ranks number 26 on the CoinMarketCap leaderboard. Analysts suggest that, while the current price is far from its all-time high of $0.000028 reached in December 2024, the current momentum could lead to new highs if market interest is maintained.
