$PEPE Coin Surges to Top 20 Tokens

Pepe has become the biggest meme coin launch of 2023, and its value has skyrocketed. The surge is attributed to its use as a bet on the growth of the Ethereum ecosystem. Traders are anticipating the approval of a spot ether exchange-traded fund ( $ETH ) in the U.S. One early buyer turned $460 into $34 million by purchasing PEPE shortly after launch. Others have also made millions off of PEPE.