When $PEPE Coin All Time Low (ATL) Price and (ATL) Market Capitalization
PEPE coin, the Pepe the Frog meme-inspired cryptocurrency has been embarking on a volatile journey in the crypto market, experiencing both significant lows and highs. Just one day after its launch, PEPE coin hit an all-time (ATL) low price, shaking the confidence of investors. $PEPE launched on April 16, 2023. However, the coin later saw a surge in value, reaching an all-time high on May 5, 2023.
$PEPE All-Time Low:
According to CoinMarketCap, on April 17, 2023, PEPE coin hit an all-time low price of $0.00000002764 USD. The decline following the day after the $PEPE token was launched may have been influenced by factors such as initial selling pressure, coin launch uncertainties, profit-taking, initial market dynamics, or speculative trading activity.
All-Time Low (ATL) Market Cap:
At the all-time low price, PEPE coin’s market capitalization was determined by multiplying the price by the total token supply. With a supply of 420,690,000,000,000 tokens, the market cap reached a minimal value. The all-time low market cap reflects the challenges faced by PEPE coin during its early stages and serves as a reminder of the risks inherent in cryptocurrency investments.
PEPE ATL Marketcap Calculation:
ATL Price: $0.00000002764 USD
Token Supply: 420,690,000,000,000 tokens
To calculate the market cap, we multiply the price by the total token supply:
Market Cap = Price * Token Supply
Market Cap = $0.00000002764 USD * 420,690,000,000,000 tokens
Calculating the value, the ATL market cap of PEPE coin would be: $ 11, 627, 871.6
PEPE ATL vs PEPE ATH Marketcap:
The contrast between the all-time low and all-time high of PEPE coin’s market capitalization is staggering. On April 17, 2023, during the all-time low, the market cap was approximately $11.6 million USD, reflecting the challenging early days of the project. However, within a few weeks, the coin experienced a remarkable surge in value. On May 5, 2023, PEPE coin reached its all-time high with a market cap of around $1.8 billion USD. This drastic difference in market capitalization showcases the tremendous volatility and potential for substantial gains in the crypto market. It highlights the dynamic nature of cryptocurrency investments, where fortunes can be made or lost in a matter of weeks or even days.