The crypto market has shown signs of life this week, and meme coins are once again at the forefront of the action. Leading the charge is $PEPE
which has surged over 20% in the past 48 hours, reigniting interest in the meme coin sector.
Originally launched as a tribute to the iconic Pepe the Frog meme, $PEPE #quickly gained popularity in 2023 as a high-risk, high-reward token. This week’s price action follows renewed interest from traders seeking volatility plays amid Bitcoin’s consolidation around the $66,000 mark.