đ¸ PEPE COIN SURGES TODAY â WHATâS FUELING THE GREEN WAVE? đ
PEPE, the popular meme coin inspired by the iconic frog character, is making headlines again as its price shoots upward today. After weeks of sideways movement and market uncertainty, PEPE has surprised traders with a strong green candle, catching the attention of both retail investors and crypto influencers.
So, whatâs driving this sudden surge?
One of the key reasons appears to be renewed interest from social media communities. PEPE has once again started trending on platforms like X (formerly Twitter) and Reddit, with hashtags such as #PEPEcoin and #FrogArmy gaining traction. This online momentum has historically acted as a catalyst for short-term price spikes in meme coins â and today is no exception.
Additionally, whales seem to be accumulating. On-chain data shows multiple large transactions involving PEPE in the past 24 hours, hinting that big players are either betting on a pump or know something that retail investors donât. This sudden volume spike added fuel to the rally, pushing the price up nearly double digits at the time of writing.
Another major boost is coming from Binance and other exchanges where PEPE trading pairs have seen a spike in volume, indicating increased confidence in short-term gains. There are also rumors of a possible burn event or staking mechanism announcement, which would significantly reduce circulating supply.
Whatâs Next?
While todayâs PEPE rally is exciting, traders should remain cautious. Meme coins are notorious for their volatility. However, if the momentum continues, PEPE could reclaim previous highs â and even aim for new ones â before the end of June 2025.
PEPE is once again proving that in crypto, even the frogs can fly. đ¸đ¸