Pepe Coin And Bonk Surge To New All Time Highs - Which Tokens Will Mint The Next Meme Coin Millionaires?
According to CoinMarketCap, the meme coin market capitalization witnessed another 18% surge today, now standing over $51 billion. The asset class also experienced a 50% bounce in its daily trading volume.
Top meme coins Dogecoin and Shiba Inu witnessed a significant bounce, rallying by 15% and 17% respectively on Monday. However, they were once again outperformed by the Pepe coin, which has now extended its weekly gains to over 400%.
The PEPE price remains in price discovery as it continues to push towards new highs. Today on Monday, Pepe coin recorded a new all-time high of $0.0000075 with a market capitalization of $3.1 billion.
How This Pepe Investor Turned $3000 To $33 Million?
There are stories abound of Pepe coin producing meme coin millionaires through its meteoric ascent. The story of pseudonymous trader “dimethyltryptamine.eth” - who turned $251 into $11 million in May of 2023 - is now a part of Pepe folklore.
On-chain data analytics platform Lookonchain has revealed another small-scale trader who became a millionaire with Pepe. The trader invested $3000 into PEPE in April of 2023. Even after selling $2 million worth of his holdings, he is currently the 13th largest holder of the frog-based meme coin, worth over $30.8 million.