$BTC BTCBreaks99K In 2024, PEPE was one of the best-performing meme coins, as it delivered gains of over 1,500%.

However, the Federal Reserve's decision to pause interest rate cuts amid fears that inflation in the U.S. could spiral out of control again has depressed medium-term prospects for assets in this category.pepe-technical-indicators-point-to-an-upcoming-surge.png

In the last 30 days, meme coins have experienced a decline of 22.8%, and their combined market value currently stands at $69.9 billion, according to data from CoinCodex.