PEPE has benefited from the unexpected surge in GameStop shares and will likely continue to set new all-time highs (ATHs) in the near term. In the past 7 days, PEPE has grown 38% and is close to the two leading meme coins in the market, Dogecoin and Shiba Inu, in terms of market capitalization.
This meme coin reached an ATH at 0.00001422 USD on May 22. With increasing momentum still quite large, PEPE is expected to continue recording new peaks.
After the recent surge of meme stocks, many meme coins also benefited as it completely overwhelmed the number of searches on social networks. PEPE is one of the top meme coins in recent days.
On-chain data statistics sites show that PEPE is as interested as Gamestop stock and is most mentioned on search engines. Data from Santiment shows that PEPE's Social Volume score reached its highest level in the past 40 days, reaching 350 on May 14. This number is about 50% higher than the previous month's score.
