Pepe ($PEPE ) can't get enough of the record: the market exploded!

The frog-inspired memecoin Pepe (#pepecoin🐸 ) broke new records following the approval of the #Etherum spot ETF.

The number of blockchain addresses transacting on Pepe skyrocketed last month; The popular network memecoin $ETH has surpassed a 100 percent rise in the last 30 days with the arrival of the ETF spot approval of $ETH .

According to data from IntoTheBlock, daily active addresses containing #pepe⚡ increased by 230 percent to 9,830. This growth has even surpassed other memecoins like #FLOKI🔥 , where daily active addresses increased by 179 percent. Meanwhile, the number of daily active addresses of #Dogecoin‬⁩ rose 10 percent to 53,000.

While not always a clear metric, tracking the number of daily active addresses can indicate adoption trends or usage patterns for a network.#PEPEwas the name that attracted the most attention among cryptocurrencies followed by IntoTheBlock.#PEPEed in the Pepe the Frog meme, first created by Matt Furie in 2005 and released to little fanfare last April. But the crypto community's interest in meme coins has peaked recently; has become a dominant trend despite its notorious volatility and risk of conflict.#PEPEhas been blowing up the market for a while, hitting its all-time high of $0.00001698, with memecoin right behind it. The popular memecoin, which has shown huge gains since last year, fell 4.8 percent in the last 24 hours. Despite the short-term decline, most PEPE investors make profits.

According to IntoTheBlock, 97 percent of PEPE investors make paper profits, while 2.73 percent break even.