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Pepe Coin Rallies 13% Amid Meme Coins Sector Recovery, Price Hits New ATH.
Pepe coin price surged nearly 13% today, with the token hitting a new ATH. Although the meme coin encountered substantial selling pressure, it currently trades in the green
Pepe coin, a renowned frog-themed meme cryptocurrency, has continued to defy the broader market sentiments of a price correction and has once again surged to unprecedented levels.
PEPE has hit new ATH amidst the meme coins sector recovery, solidifying its position and garnering significant attention across the global crypto realm.
With weekly gains of over 50%, followed by an over 100% price upswing recorded over the past month, the meme coin has emerged as a favorite on crypto market traders’ and investors’ radar. Here’s a brief report on the Pepe coin’s current market statistics
Pepe Coin Bull Run: A Closer Look
Notably, PEPE kicked off the year on an optimistic note as the token embarked upon a bull run in March. Moreover, it sustained maintaining a hold above critical price levels, further continuing to pump to new ATHs.
Pepe coin hit a new ATH of $0.00001559 today, May 25, piquing significant investor interest. This ATH comes on the back of a 13% price rally, as mentioned above.
Despite Coinglass recording $4.58 million in liquidations, the token is rallying phenomenally today, garnering additional investor attention to the frog-themed meme token.
PEPE Price Rallies 13%
As of writing, PEPE’s price has gained 12.33% in the past 24 hours and is currently trading at $0.00001548. Its 24-hour lows and highs are $0.00001366 and $0.00001559, respectively.
Coinglass data illustrated mixed sentiments prevailing among investors, as OI surged 21.58%, although derivatives volume dipped 41.05%.
The RSI continued to surf in the overbought territory, at 74, birthing market sentiments of a potential due price correction.