PEPE tops $1 billion market cap even as Binance flags lack of utility

Pepe, a crypto token styled on the Pepe the Frog cartoon meme, climbed past $1 billion in market cap for the first time as traders pushed it into the …

Highlights

• Pepe the Frog token has risen 67% over the past 24 hours and is now worth $0.00000279.
• It is the 45th largest by market value in the world, with dogecoin and shiba inu also worth $1 billion.
• The token, based on the Pepe the frog meme, is now the world’s 45th most-lauded coin.
• It has risen more than 10-fold in the past week, making it the top 50 most-watched coin in the market.
• Naive investors can be drawn into their gains, which have a habit of crashing suddenly and leaving those who bought near the top.

---

Read the original article