Pepe at new highs!
Pepe (PEPE) price hit a new all-time high today, with bullish momentum coming as traders bank on further gains for PEPE amid growing optimism around the spot approval of the Ethereum ETF.
A look at the broader market suggests that Bonk, Floki and Dogwifhat, among others, could be primed for a massive rally.
Memecoins continue to establish themselves as a pillar of the cryptocurrency industry, gaining traction amid the growth of major projects such as Dogecoin, Shiba Inu, Floki, and Pepe.
Currently, crypto memes are a sector with a total market capitalization of more than $63 billion.
Analysts say this latest performance suggests that a possible approval of ETH ETFs could catalyze further gains.
