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Meme Coin Trading Volume Surges to Two-Year High, a Sign of Caution for Bitcoin (BTC) Bulls

Altszn.com by Altszn.com
May 8, 2023
in Bitcoin
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Meme Coin Trading Volume Surges to Two-Year High, a Sign of Caution for Bitcoin (BTC) Bulls
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The speculative mania was led by pepecoin (PEPE), a frog-themed token launched in mid-April with a maximum supply of 420 trillion. PEPE crossed $1 billion in market capitalization on Friday, eventually peaking at $1.82 billion, a staggering achievement for a three-week-old meme cryptocurrency. At press time, PEPE’s market cap stood at $931 million, per Coingecko.



Read More: www.coindesk.com

Tags: BitcoinBTCBullsCautioncoinHighMemesignsurgesTradingtwoyearVolume
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    • bitcoinBitcoin (BTC) $ 108,793.00
    • ethereumEthereum (ETH) $ 2,629.75
    • tetherTether (USDT) $ 1.00
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    • the-open-networkToncoin (TON) $ 3.06
    • wethWETH (WETH) $ 2,628.55
    • litecoinLitecoin (LTC) $ 95.76
    • usdsUSDS (USDS) $ 0.999796
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