Pepe’s Rapidly Soaring $2.5B Futures Outstrip ARB & Optimism

PEPE’s overwhelming dominance on Futures triggers a big surge in demand with PEPE surpassing ARB, OP by global market cap. In a rather surprising turn of events, the popular frog-themed meme coin Pepe (PEPE) surged past Arbitrum (ARB) and Optimism (OP). These two popular Layer-2 blockchains built atop Ethereum (ETH) now encircle a smaller market capitalization than PEPE.

PEPE Inks 11% Daily Gains Against All Odds

1.PEPE’s price trend reversal came on May 1, after the token fell to its monthly lows at $0.00000609. As the general crypto markets succumbed to an all-round drawdown, the leading crypto asset, Bitcoin (BTC), plunged to $56K, a level unseen since late February 2024.

2.PEPE coin flips two popular Layer-2 blockchains by global market cap.

10 days ago, Coinbase listed PEPE on Futures after numerous delays.

PEPE jumped into crypto’s TOP 30 as Futures volume surpassed DOGE.

What run it will make