The 💲ME cryptocurrency has seen a significant increase in its price recently due to several key factors:

1️⃣ **Listings on major exchanges**: $ME was listed on major exchange platforms such as Coinbase and Robinhood, which increased its accessibility and attracted more investors².

2️⃣ **Rising open interest**: Open interest in $ME futures reached record levels, indicating an influx of new money into the market and an increase in buying¹.

3️⃣ **Uptrend in the memecoin market**: The cryptocurrency has benefited from an overall positive trend in the memecoin market, with many investors seeking higher-risk assets in anticipation of a more favorable environment for cryptocurrencies in the US under the Trump administration².

These factors combined have pushed the price of $ME to new all-time highs.

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Other articles to read:

(1) PEPE rallies 78% to new all-time highs as memecoin ... - Cointelegraph. https://cointelegraph.com/news/pepe-rallies-78-to-new-all-time-highs-as-the-memecoin-market-cap-tops-116-b.

(2) Pepe meme coin hits new all-time high, with market cap ... - FXStreet. https://www.fxstreet.com/cryptocurrencies/news/pepe-meme-coin-hits-new-all-time-high-with-market-cap-surpassing-11-billion-202412090742.

(3) The Great PEPE Surge: Analyzing the Forces Behind Meme Coin Movements. https://www.onesafe.io/blog/pepe-growth-meme-coin-dynamics.

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