Pepe (PEPE) is standing out in the crypto market as the only coin in the top 20 that is currently experiencing gains, albeit modest ones. With a 0.91% increase, it's defying the broader trend of a market pullback. This performance is particularly noteworthy given the sea of red across other major cryptocurrencies.

Pepe's market cap has soared above $6 billion, surpassing even established coins like Litecoin (LTC). Meanwhile, other meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) are facing declines, with SHIB slipping out of the top 10 rankings.

Despite its recent pullback from an all-time high, Pepe remains highly profitable for investors, with 96% of all holders currently in profit. This level of profitability sets Pepe apart as one of the most lucrative investments among meme coins.

Pepe's journey to prominence began in May 2023 when it entered the top 100 coins. Since then, it has steadily climbed the ranks to become the third-largest meme coin, with a valuation exceeding $6.3 billion. This growth underscores Pepe's resilience and popularity in the competitive meme coin sector.

Looking ahead, Polymarket users are wagering on whether Pepe will surpass dogwifhat, a Solana-based project, to achieve a $10 billion valuation first. This speculation reflects the optimism surrounding Pepe's potential for further growth and success in the crypto market.

As the crypto market continues to evolve, Pepe's ability to maintain its momentum and profitability will be closely watched by investors and enthusiasts alike.