$PEPE Surges 10% as Memecoin Targets 2024 Highs
The memecoin market has reclaimed the $80 billion mark, with Dogecoin (DOGE) at $35 billion, Shiba Inu (SHIB) at $7.9 billion, and PEPE at $5.1 billion. Ethereum-based memecoins led the charge, driven by ETH's recovery above the $4,000 level. PEPE itself surged 10.8% in the past 24 hours to $0.00001237, with month-to-date gains at 18.3%, though still 36% lower year-to-date.
$PEPE 's max pain levels are set at $0.0000126 with $1.29 million in shorts, and $1.48 million in longs at $0.0000114. The recent rally liquidated over $2.56 million in shorts, with significant liquidation levels below the price at $0.0000121, $0.0000119, and $0.0000110.
