The Pepe price has surged by 15% in the past 24 hours, rising to $0.00001282 as the cryptocurrency market as a whole posts a 2.5% gain today.
Prices of most major alts have followed Bitcoin, which hit a new all-time high today of $118,667, and which could set a few new records before the day ends.
PEPE has benefitted from this rally along with most major alts, with the meme coin also sitting on a 30% return in a week and a 37.5% increase in a fortnight.
And with its trading volume rising by over 10x virtually overnight, more gains could be coming very soon.
Pepe Price Prediction: Trading Volume Rockets Overnight – Could PEPE Be the Next $1 Meme Coin?
If we look at PEPE’s chart right now, we see that it has broken out of the pennant formed from its medium-term highs and lows.