$PEPE Pepe Meme Coin Value Increases 24% After Nacent Buys 141 Billion PEPE Coins #PEPE has seen a 24% rise in the past 24 hours. Currently, the coin's market cap is $4.9 billion. In light of the recovery in the cryptocurrency market, the value of the popular PEPE meme coin rose by about 23% today. The rise came after a major purchase of 141 billion PEPE by Nascent, a venture capital firm. On-chain data Lookonchain revealed that Nascent cleverly acquired PEPE during its price surge, by swapping its previous cryptocurrency holdings. With this acquisition, the venture capitalist's PEPE holdings now stand at 608.85 billion tokens, worth approximately $7.5 million.