Pepe Coin Surpasses Uniswap By Market Cap, Sets Sights On BCH, HBAR, And SUI

Updated: 09 December 2024

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Pepe coin (PEPE) overtook Uniswap (UNI) to become the 21st biggest crypto by market cap and reached a new all-time high (ATH) in the last 24 hours as it looks to surpass Bitcoin Cash (BCH), Hedera (HBAR) and Sui (SUI).

Following a more than 2% pump in the last 24 hours and a 25% gain in the last week, the frog-themed token’s market cap rose to more than $11 billion. Meanwhile, UNI’s valuation sits at around $10.77 billion as of 1:39 a.m. EST.

BCH, HBAR, And SUI Could Be Next As Pepe Coin Benefits From Binance.US Listing

Pepe coin’s climb up the crypto ranks comes after Binance.US announced on Dec. 4 the listing of the meme coin on its platform. Trading for the PEPE/USDT pair on the centralized exchange was enabled on Dec. 5 at 11:00 a.m. UTC.

“Since its inception, PEPE has seen significant popularity among network participants, largely driven by social media and community support,” Binance.US said in its announcement of the meme coin’s listing.

Should PEPE’s momentum continue, the crypto could soon replace BCH as the 19th biggest crypto by market cap.

CoinMarketCap data shows that Bitcoin Cash’s market cap is less than $1 billion more than Pepe coin’s. HBAR and SUI are also within reach now, with their respective capitalizations of around $12.05 and $12.19 billion.

Are Wall Street Pepe And Pepe Unchained Poised To Follow In PEPE’s Footsteps?

Pepe derivative meme coins are also gaining from PEPE’s momentum. Pepe coin’s climb above UNI could not have come at a better time for layer-2 meme coin Pepe Unchained (PEPU), which is gearing up for its highly-anticipated launch tomorrow at 2:00 p.m. UTC.

Pepe Unchained is the most successful presale of the year after raising almost $74 million, and speculation is rife about whether it will snare listings on Binance or Coinbase. Pepe Unchained’s team has revealed that multiple tier-1 platforms are ready to welcome PEPU to their list of tradable assets.

When Pepe coin listed on Coinbase and Robinhood last month, its price went parabolic.

Pepe Unchained Presale: SOLD OUT! 🐸

The token launch and claim will begin at 2 PM UTC on Tuesday, 10th December.

Thank you all for joining us on this journey—it’s going to be a wild ride! pic.twitter.com/O6aMOfaha8

— Pepe Unchained (@pepe_unchained) December 5, 2024

Another PEPE spinoff by the name of Wall Street Pepe (WEPE) is also off to a strong start with its ICO. So far, the token has raised more than $3.1 million in less than six days as several experts predict the new meme coin could surge 100X after its launch.