$PEPE

The surge in PEPE is mainly driven by the following key factors:

Exchange listing:

The listing of PEPE on the two major exchanges, Coinbase and Robinhood, has greatly improved its market visibility and liquidity, thereby driving a sharp rise in prices. According to data, the price of PEPE has risen by more than 90% in a short period of time, reaching $0.00002567 at one point, and the trading volume has also surged to about $8.75 billion, a three-month high.

Market heat and community foundation:

As a meme coin with the theme of "Sad Frog", PEPE has a high level of attention and fan base on social networks. This kind of community's active participation and promotion provides solid support for the price of PEPE.

Overall market trend:

The overall upward trend of the cryptocurrency market has also created favorable conditions for the price increase of PEPE. Especially in the case of the big cake (Bitcoin) bull market breaking through the 90,000 mark, the performance of PEPE has an important impact on the sentiment and capital flow of the entire market.

In summary, the surge in PEPE is due to its listing on specific exchanges, strong market popularity and community foundation, and the overall positive environment of the cryptocurrency market.