“Pepe is the new leader among meme coins,” analysts say as the token’s market capitalization exceeded $11 billion, overtaking Uniswap (UNI) with a market cap of $10.6 billion.

Since its launch in 2023, Pepe has demonstrated over 7,000% growth, becoming a favorite among traders. According to CoinMarketCap, the token is currently priced at $0.0000266, reflecting a 16.8% increase in 24 hours and 26% growth over the past week.

The listing of Pepe on Binance.US on December 5 significantly boosted its market presence. Experts note that current RSI (Relative Strength Index) levels indicate potential further growth, with a forecasted market cap of $15–20 billion.

Meanwhile, Pepe faces new competition from Wall Street Pepe. In just five days of its presale, it raised $2.6 million, offering staking with a 197% annual yield. Its official launch is planned for early 2025, already generating excitement among investors.

Pepe’s journey is an example of how meme coins can capture a massive market in a short time while remaining highly volatile assets.