Pepe Coin has flipped Uniswap and Polygon in market capitalization, solidifying its position as the third-largest meme coin. This remarkable feat is a testament to the crypto sector's optimistic waves, which have been gaining momentum since last week. With a staggering market capitalization of approximately $7.1 billion, Pepe Coin has surpassed Uniswap's market capitalization of around $6.6 billion, according to CMC data.

Pepe Coin's upward rally, which began last week, has sustained its momentum, increasing by a whopping 79.94%. This monumental growth has propelled Pepe Coin to become the third-largest meme coin, with a monthly price performance of a positive 124.45%. According to TradingView data, Pepe Coin has climbed from $0.000006094 to $0.00001683 over the past month, demonstrating its potential as a strong altcoin contender.

In the past 24 hours, Pepe Coin has emerged as the 3rd Top Gainer of the day, trading at $0.00001683 after hitting a new all-time high of $0.000017 momentarily. This frog-themed meme coin has increased in market price by 12.26% in the past 24 hours, with its daily trading volume surging by a whopping 51.39% to $2.7 billion. Pepe Coin has successfully surpassed resistance levels at $0.00001359 and $0.00001570, indicating its potential for further growth.

DOGE, SHIB, and PEPE are the only three memecoins ranking on the altcoin leaderboard, with Pepe Coin's recent price rally propelling it to become the third-largest meme coin. On May 23, it surpassed the leading meme coin Dogecoin (DOGE) in trading volume, reaching $3 billion. Although Shiba Inu has witnessed price dips recently, trading around the $0.0000245 level, Pepe Coin's continued price rally may potentially inch it closer to SHIB.

Whales and investors have shown increased interest in Pepe Coin as its price rally continues. An anonymous wallet with address 0x4d15 reportedly had an ROI of 2651% by liquidating their Pepe holdings for $663K, according to LookOnchain. Analysts and crypto experts attribute the buzz around spot ETH ETFs and Pepe's simplified liquidation to its price rally. Furthermore, Pepe price predictions suggest that the meme coin will hit $0.00005 soon, indicating its potential for further growth and cementing its position as a strong altcoin contender.