Pepe coin Pepe

pepe

-0.83%

Pepe climbed from last week’s low of $0.000011 to a high of $0.00001285. This rebound occurred in a high-volume environment, with 24-hour trading volume surging by 40% to $1.05 billion.

Pepe rallied for several reasons. First, the recent crypto market crash has stalled over the past few days. Bitcoin Bitcoin

btc

0.28%

Bitcoin has risen from last week’s low of $103,000 to $105,400, while Ethereum Ethereum

eth

1.21%

Ethereum rose to $2,650

Pepe is highly sensitive to Ethereum price movements because it is the second-biggest meme coin in its ecosystem after Shiba Inu Shiba Inu

shib

-0.04%

Shiba Inu. For instance, it crashed by 81% between its high in November last year and its low in April, as Ethereum tumbled from $4,000 to $1,300.