#PEPE Price Surge Exceeds $0.0000015
Pepe Coin (PEPE), an Ethereum-based meme token inspired by the meme character "Pepe the Frog", has recorded a spectacular 45% increase in 24 hours. PEPE is now trading at $0.00000153, with trading volume skyrocketing 320% to $98 million. This increase has made PEPE one of the **top gainers** among the 100 largest cryptocurrencies.
#Triggers for the Rise
1. Community Sentiment: A wave of buying was triggered by the *#PepeSeason* campaign on Twitter/X and Reddit, with the community releasing memes and viral videos.
2. Technical Update: Developers announced the integration of PEPE into the DeFi platform *SushiSwap* to enhance utility.
3. Coordinated Pump: Several major accounts ("whales") bought 2 trillion PEPE in 12 hours, triggering FOMO (Fear of Missing Out).
#Expert Analysis
According to *CryptoPotato*, PEPE is in a "dead cat bounce" phase after falling 80% from its ATH (All-Time High) of $0.00000431 in May 2023. However, analysts at *CoinDesk* noted an increase in small wallet activity (1,000–10,000 PEPE) as a sign of retail interest.