PEPE (Pepe) rose 3.14% in the last 24 hours.

Gate News Bot news, September 17, according to CoinMarketCap data, as of the time of writing, PEPE (Pepe) is currently priced at $0.0000111254, a rise of 3.14% in the last 24 hours, with a high of $0.000012625 and a low of $0.000010381. The 24-hour volume reached $631 million. The current market capitalization is approximately $4.68 billion, an increase of $142 million compared to yesterday.

Pepe is a cryptocurrency that uses the famous internet meme frog Pepe as its image. It claims to make meme coins great again and is driven by pure meme power. Pepe has no pre-sale, zero taxes, liquidity has been burned, and the contract has relinquished all ownership. It claims to be a coin that forever belongs to the people, driven by pure meme power. The total supply of Pepe is 420.69 trillion coins.

Important news about PEPE recently:

1️⃣ Popularity ranking rises to the third position On September 13, 2025, PEPE ranked third in the cryptocurrency market heat list, with a price of $0.11 and a 24-hour rise of 12.00%. This heat ranking is only surpassed by Ethereum and Hifi Finance, reflecting the high attention and positive sentiment of investors towards PEPE.

2️⃣ Large whale transactions are active On September 13, two whale addresses purchased a total of 30.32 billion PEPE within 6 hours, with a total value exceeding 3.5 million USD. This large-scale buying behavior may have a significant impact on PEPE's short-term price trend, while also indicating that some large funds remain optimistic about PEPE.

3️⃣ Institutional investors continue to pay attention On-chain analysis shows that an address suspected to belong to the market maker Wintermute has recently hoarded 15.1 trillion PEPE. This move suggests that professional investment institutions may be positioning themselves in PEPE, providing it with more liquidity and market depth.

PEPE, as a meme coin, has its price fluctuations significantly influenced by market sentiment. The recent rise in popularity and large transactions may be the main reasons for its 3.14% pump within 24 hours. However, considering the high volatility of the meme coin market, investors still need to carefully assess the risks.

This message is not an investment advice; investors should be aware of market volatility risks.