Pepe rises 30% in a week as Memecoin trading surges
As Cointelegraph reported, Pepe’s trading volume has quadrupled over the past week, triggering a strong double-digit rally for the frog-themed meme coin.
As an Ethereum-based meme coin, Pepe has risen by more than 31% in the past week as the overall meme coin has recovered.
Currently, PEPE is trading at $0.00001076, reaching its highest value since August 3 and up 68% from the local low on September 6.
As PEPE’s price surged, trading activity also increased. On September 27, PEPE’s spot trading volume exceeded $1.3 billion, up 35% in the past 24 hours and 316% in the past seven days.