$PEPE PEPE Leading The Way For New Memecoin With 7% Spike

Of all the major memecoins, PEPE is leading by example with a near 10% move overnight, now trading for around $0.000015. On May 10, PEPE reclaimed a $5 billion market cap and has continued to surge since then.

It is now valued at $6.5 billion and quickly returns toward $10 billion, a market cap that hasn’t been seen for PEPE since December 2024.

The Pepe community seems laser-focused on flipping SHIB next, which will require a near 30% move for PEPE while SHIB will need to stay at a standstill.

SHIB has a $9.1b market cap and has only posted gains of 1.4% overnight. With PEPE more than quadrupling those gains, another week or two of similar price action could see the flippening sooner rather than later.

PEPE has held a bullish uptrend on a HTF for weeks now and this recent breakout has seen a bullish trigger on LTF also. This confluence, coupled with PEPE bouncing strongly from a heavy demand zone around $0.000013, could see this move extend further, with $0.00002 a logical next target.#writetoearn