The Pepe (PEPE) coin has emerged at the forefront of the crypto market today after an impressive rally. In the last day, the meme coin’s price has risen by over 50% amid wild speculation and bullishness as the Bitcoin price touched $57,000 for the first time in more than two years.
Why Is PEPE Price Surging?
The current uptrend being recorded by PEPE is not out of the ordinary, but there is no single factor driving the price either. As crypto investors regain their bullishness, coins which have previously failed to rally seem to be taking front and center this time around, and the meme coin fits this narrative perfectly.
After being sidelined for months by the likes of Solana-based BONK and WIF taking up all of investors’ interest, attention is turning back to Ethereum meme coins once again. PEPE, which is currently the second-largest meme coin on the Ethereum blockchain, offers similar popularity to the likes of Dogecoin and Shiba Inu, but with a market cap below $1 b
We współpracy z: https://bitcoinist.com/why-is-pepe-price-up-50-today/
