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From an unknown meme coin to a billion-dollar craze
Launched less than a month ago, Pepe coin has reached a market capitalization of 1.63 billion USD, creating a frenzy worldwide and also in Vietnam.
Thuy Tien, an office worker in Ho Chi Minh City, stated that since the end of April, the topic of meme coins has suddenly been discussed lively across various cryptocurrency groups in Vietnam after the appearance of the Pepe token. Due to skepticism, Tien only spent 10 USD to buy 25 million Pepe, and a week later, the account's value had increased tenfold. A series of other meme coins also flourished, rejuvenating the market.
According to data from Coinmarketcap, Pepe was launched on April 14 and peaked on May 5 when it reached 0.000004 USD, with a market capitalization of 1.63 billion USD. In less than a month, this token increased by over 6,000%.
Launched less than a month ago, Pepe coin has reached a market capitalization of 1.63 billion USD, creating a frenzy worldwide and also in Vietnam.
Thuy Tien, an office worker in Ho Chi Minh City, stated that since the end of April, the topic of meme coins has suddenly been discussed lively across various cryptocurrency groups in Vietnam after the appearance of the Pepe token. Due to skepticism, Tien only spent 10 USD to buy 25 million Pepe, and a week later, the account's value had increased tenfold. A series of other meme coins also flourished, rejuvenating the market.
According to data from Coinmarketcap, Pepe was launched on April 14 and peaked on May 5 when it reached 0.000004 USD, with a market capitalization of 1.63 billion USD. In less than a month, this token increased by over 6,000%.
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