PEPE Token Surges 10.53% as 35 Billion Rewards Campaign Sparks $955M Trading Frenzy

PEPEUSDT has experienced a notable price increase of 10.53% over the past 24 hours, with the current price on Binance at $0.00001039, up from a 24-hour open of $0.00000940. This upward movement is primarily attributed to heightened trading activity following the announcement of a 35 billion PEPE rewards campaign promoted by the official PEPE X account via Binance, which has driven significant community engagement and speculation. Additionally, reports of substantial whale accumulation and a surge in trading volume—reaching up to $955.4 million, a 104.80% increase from the previous day—have contributed to bullish momentum. Market capitalization stands at approximately $4.29 billion, and PEPEUSDT remains one of the top trending coins, reflecting strong interest and volatility driven by both community initiatives and broader market trends.