PEPE Memecoin: Why It Surged 35% in Just 24 Hours

·

Key Highlights

The Ethereum-based Pepecoin (PEPE) surged 35% in 24 hours, with peaks reaching +45%, captivating traders and analysts alike. Beyond price, its 24-hour trading volume exploded by 377% to $806 million—a clear sign of accelerating demand.

Currently priced at $0.000002128**, PEPE’s market cap has ballooned **50%** to **$895.5 million, propelling it back into the Top 100 cryptocurrencies. Over the past week, the memecoin outperformed even the most bullish forecasts. Notably, analyst Ali had projected a maximum price of $0.0000019, which PEPE swiftly surpassed.

👉 Discover how PEPE compares to other top memecoins

Fundamental Drivers Behind PEPE’s Rally

  1. Bitstamp Listing: PEPE debuted on Bitstamp, a major exchange with 4+ million users across 100+ countries, boosting accessibility and liquidity.
  2. Bitcoin and Ethereum Tailwinds: The broader market uptrend—with BTC (+9.5%) and ETH (+10.5%) weekly gains—fueled investor confidence in altcoins like PEPE.

FAQ: PEPE’s Sudden Surge

Q1: Is PEPE’s growth sustainable?

While short-term hype is evident, sustained growth depends on broader crypto trends and adoption. Monitor trading volume and exchange support.

Q2: What exchanges list PEPE?

PEPE is available on Bitstamp, Binance, OKX, and other Tier-1 platforms.

👉 Track PEPE’s real-time price movements

Q3: Why do memecoins like PEPE rally?

Memecoins thrive on community sentiment, viral trends, and speculative trading—often decoupled from traditional fundamentals.

Q4: Should I invest in PEPE now?

High volatility makes PEPE risky. Diversify and invest only what you can afford to lose.


Final Thoughts

PEPE’s meteoric rise underscores the power of memecoin mania in bullish markets. However, traders should remain cautious—what goes up fast can correct just as sharply.

For now, PEPE’s technical strength and exchange support suggest continued momentum, but always DYOR (Do Your Own Research).

👉 Explore crypto trends shaping 2024