PEPE surges – Is the meme coin no longer a joke?
PEPE – one of the most famous meme coins of 2023 – is making a remarkable comeback with a price increase of over 50% in just the past few days. After a long period of being dormant, PEPE has suddenly been accumulated by whales, with trading volume skyrocketing on major exchanges like Binance and OKX.
Not just a social media phenomenon, PEPE is showing that community strength and FOMO sentiment remain very strong among high-recognition meme coins. The fact that many investors are returning to 'mine memes' during the altseason makes it easy for PEPE to lead the new trend.
With a stabilized market cap and a still 'cheap' price, PEPE is viewed as an attractive short-term opportunity, especially for those who enjoy taking risks but want high liquidity.
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