$PEPE PEPE The PEPE meme coin reached an all-time high of $0.00001718 in May of this year. Despite experiencing market corrections that took its price down to $0.000007, PEPE showed resilience, rising again to the $0.00001166 level. The currently popular meme coin has risen more than 600% in the past year. PEPE token has seen a 24% rise in the past 24 hours. Currently, the coin has a market cap of $4.9 billion, with its trading volume up more than 130% in the past day. Notably, the open share of PEPE futures rose by 23.19% to $144.78 million today. It also witnessed an increase in the volume of derivatives, by 178.66% to $3.24 billion. Memecoins have seen a significant rise in the first half of 2024, with influential figures such as Galaxy Digital CEO Mike Novograz voicing support for the asset class. In light of this success, Crypto.com recently announced a $1 million contest featuring the PEPE memecoin for its users in the United States. Participants can win up to $25,000 in PEPE coin by participating in the event. Likewise, Binance has included PEPE in its Binance Pay rewards program, offering users a chance to win 100 million PEPE tokens by sending $0.01 in cryptocurrency.