The memecoin mania continued unabated on Tuesday, with several leading currencies posting double-digit increases and outperforming the rest of the cryptocurrency market.
What Happened: Pepe extended its winning streak, hitting a fresh all-time high and jumping to the 21st spot in the top cryptocurrencies by market cap list. The coin, themed around the popular webcomic character, has more than doubled since the beginning of the month.
The Ethereum (CRYPTO: ETH)-based token was the seventh-most traded cryptocurrency in the last 24 hours, surpassing meme powerhouses like Dogecoin (CRYPTO: