Pepe Rallies 14% Amid Larger Memecoin Market Surge
Pepe (PEPE) is witnessing quite a big price surge today. The memecoin has rallied by more than 14% in the last 24 hours. While the rally is welcome, the asset is still glowing red in the other time frames. The frog-themed crypto is down 3.7% in the weekly charts, 19.4% in the 14-day charts, 25.6% over the previous month, and 3.2% since June 2024. Source: CoinGecko Memecoins Surge Amid Market Rally Source: Mudres Pepe is not the other memecoin rallying today. The memecoin market, in general, seems to be moving full steam ahead today. Most major meme crypto projects are trading in the green zone in the daily charts. Some have even registered double-digit percentage gains in the last 24 hours. Dogecoin (DOGE) is up 8%, Shiba Inu (SHIB) is up 9.6%, Bonk (BONK) is up 15.5%, Dogwifhat (WIF) is up 23.5%, and FLOKI (FLOKI) is up 14.4%. Source: CoinGecko PEPE and the larger memecoin market rally follow Bitcoin’s (BTC) surge to $104,000. The original crypto briefly fell to the $98,000 mark ...