PEPE (CRYPTO:PEPE), a meme coin, made headlines in the cryptocurrency market by reaching an all-time high of $0.00001088 on May 13, 2024, pushing its market cap to $4.5 billion.

This milestone propelled PEPE ahead of tokens like Uniswap (CRYPTO:UNI) and Render (CRYPTO:RNDR) in terms of market capitalisation.

Analysts are optimistic about PEPE's future performance, attributing its surge to growing popularity and increased trading volume.

Renowned trader MacnBTC predicts a potential consolidation period followed by another upward trend, potentially pushing PEPE's value even higher.

As PEPE continues to gain traction, its trend remains one to closely monitor in the crypto market.