According to Foresight News, the market capitalization of Meme token PEPE has reached $70.2 billion, surpassing Uniswap's market capitalization of $67.3 billion. This development has elevated PEPE's ranking to the 19th position, as per the data from CMC.
Uniswap, previously holding the 19th position, has now been overtaken by the Meme token. This shift in rankings indicates the growing popularity and acceptance of Meme tokens in the cryptocurrency market.
However, it's important to note that the market dynamics of cryptocurrencies are highly volatile and rankings can change rapidly. Investors are advised to keep a close watch on market trends and make informed decisions.