$PEPE ( PEPE ) price reached $0.000010 for the first time since March 15 . data shows that PEPE increased 34% over the past 24 hours to set a new record high of $0.00001119 on Binance.

PEPE's trading volume has increased 245% in the past 24 hours to $1.56 billion and its market capitalization has also increased to $4.31 billion, surpassing Ethereum Classic ( ETC ) as the leading cryptocurrency 23rd largest by market value.

The recovery on May 13 saw PEPE price bounce off the ascending trendline, which has supported it since mid-April. The latest rally saw PEPE rise above a key resistance level, which has underpinned the price since March.

The relative strength index (RSI) points north and shows an upward trajectory similar to that of price. Price strength at 70 reinforces buyer dominance in the market.

Gill-related stocks and other “meme stocks” also rose. GME stock price rose as high as 44% in pre-market trading and as high as 110% at market open before trading was halted.

- What do you think about memecoin at the moment? Comment below!!!

==> This is not investment advice, investors should consider before investing because all investment moves and transactions have potential risks.