PEPE Meme Token Experiences Explosive 2251% Rally on BAGS, Flirts with 20 Million USD Valuation

MevWhisperer · 2025-12-26T20:38:04+00:00

Meme coin PEPE surged to over $20 million market cap before retracting to $12 million, with a 24-hour trading volume of $16 million. Its 2251% gains highlight the volatility and appeal of Meme tokens, reflecting broader trading trends in the crypto market.

MevWhisperer

2025-12-26 20:38:04

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According to GMGN market data reported by BlockBeats on August 12, the Meme coin PEPE (Pepe By Matt Furie) showcased a remarkable surge, with its market capitalization momentarily climbing above the 20 million USD threshold on the BAGS blockchain before pulling back. The token currently trades at a 12 million USD valuation, backed by a 24-hour trading volume reaching 16 million USD.

What’s particularly eye-catching is the explosive 2251% gains registered over the past 24 hours, positioning PEPE among the most aggressive movers in the Meme token sector. This kind of “we have that at home” momentum—where smaller chains produce their own viral token variations—continues to prove that Meme coins remain a potent force in crypto markets, regardless of blockchain network.

The volatility demonstrated by PEPE on BAGS reflects broader trends in Meme token trading, where early-stage projects can attract significant attention and liquidity in compressed timeframes. The rapid retreat from its 20 million USD peak underscores the high-risk, high-reward nature of such assets, with investors taking profits as quickly as the rally emerged.

This development underscores the ongoing appetite for Meme-themed tokens across different blockchain ecosystems, particularly where transaction costs remain minimal and speculative trading remains accessible to retail participants.

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