Purple Pepe Coin (PURPE) is getting attention in the crypto market. Its price is going up, and its value is increasing. Currently ranked #779, PURPE is priced at $0.0001605. This is a 41.5% increase in the last 24 hours.
Cryptocurrencies are now a big part of the financial world, with many new coins attracting the attention of investors and fans. One of these is Purple Pepe Coin (PURPE), a meme-based cryptocurrency that has been growing in popularity recently. This article will cover its current price, market value, and the latest updates, giving useful insights for investors and crypto fans.
Current Market Cap and Trading Volume
Purple Pepe Coin has a market cap of $69,316,134, ranking it #779 on CoinGecko. This puts it in the mid-range of meme coins. Its fully diluted valuation (FDV) is the same, showing the market cap could stay steady if all tokens are released. The coin has room to grow based on its recent performance.
In the last 24 hours, Purple Pepe Coin had a trading volume of $13,354,533. This is a big increase of 179.7% compared to the day before. The jump in activity shows that more people are interested in the coin, hinting at its potential for growth.
Historical Data and Price Performance
Purple Pepe Coin reached its all-time high of $0.0003148 on November 26, 2024, just 18 days ago. Its current price is 49.04% lower than that peak. The lowest price was $0.052269 on November 13, 2024, about a month ago. Since then the price has increased by 6,970.48%. This shows the price can change a lot, which means there are both big opportunities and risks with PURPE.
Latest News
Recently, Purple Pepe Coin has seen an impressive rise in its trading volume, with a 24-hour trading volume of over $13.3 million, representing a 179.7% increase from the previous day. This rise shows more interest in the token, suggesting it could keep growing. The most active trading pair for PURPE is PURPE/SOL, and Raydium is the main exchange where people trade PURPE.
Additionally, Purple Pepe Coin is gaining attention in the broader crypto community, with discussions surrounding its unique meme culture and potential as a long-term investment. Some people are doubtful about meme coins. However, others enjoy the strong community and the fun they bring to the crypto world.
Market Comparisons
When compared to its peers, Purple Pepe Coin has outperformed the global cryptocurrency market, which is down by 0.70% over the past week. Purple Pepe Coin has done better than other meme coins, which are down 4.40% during the same time. This shows more interest and positive feelings toward PURPE.
Trading Platforms and Exchanges
PURPE tokens can be traded on both decentralized and centralized exchanges. The most popular exchange for buying and trading Purple Pepe Coin is Raydium. The PURPE/SOL trading pair has seen $11,427,493 in trading volume in the last 24 hours. Other exchanges where you can trade PURPE include Raydium (CLMM) and BitMart.
In conclusion, Purple Pepe Coin (PURPE) has shown strong growth and potential in the crypto market. Although it’s a meme coin, it has gained attention because of its recent price rise and growing market value. Currently priced at $0.0001605, PURPE has increased by 41.5% in the last 24 hours. This shows its price can change quickly and that more investors are becoming interested.
With a market cap of over $69 million and a trading volume exceeding $13 million in the past day, Purple Pepe Coin is showing signs of strong market activity and investor confidence. The price is still below its highest point of $0.0003148. However, the recent rise and a 6,970% increase from its lowest price of $0.052269 suggest that Purple Pepe Coin could keep growing in the next few months.
The token’s success is helped by being available on popular exchanges like Raydium and BitMart, which makes it easy for more people to buy. As Purple Pepe Coin keeps doing better than other meme coins and the overall market, it’s becoming a more appealing choice for those wanting to diversify their crypto portfolios. However, investors should be aware of its risky and unpredictable nature before investing in PURPE.
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