Ethereum Memecoin $PEPE Surpasses $7B Market Cap, Hits ATH; Solana Memecoins $BONK and $WIF Also Surge

The Ethereum-based memecoin $PEPE has achieved significant milestones recently. It has flipped Litecoin ($LTC) and Polygon ($MATIC) in market cap, reaching a new all-time high (ATH) on CoinGecko. Additionally, its 24-hour trading volume hit $1.95 billion, and its market cap surpassed $7 billion for the first time. $PEPE is now in the top 20 and is expected to enter the top 3 of crypto assets behind Bitcoin ($BTC) and Ethereum ($ETH). Meanwhile, Solana-based memecoins are also making waves. $BONK has flipped multiple cryptocurrencies, including Injective ($INJ), Sui ($SUI), and Ethereum's Floki ($FLOKI) in market cap. Another Solana memecoin, $WIF, has flipped Arbitrum ($ARB) and entered the top 30 coins by market cap. $WIF is also up 12% in the last 24 hours.