The Pepe Price Is Now the Most Valuable at $3.6 Million The Rise of Pepe Meme Coin

While the cryptocurrency market as a whole has gained just 1% in the previous 24 hours, the PEPE price has jumped by 22% today, surging to $0.00001175.

Due to this change, PEPE is also up 26% in the previous week. Despite a 1% monthly decline, the famous meme currency has maintained an incredible 620% growth in the past year.

This success will undoubtedly propel it in the weeks and months to come, and the evergreen popularity of PEPE will surely inspire further meme tokens with a Pepe theme.

Pepe Unchained, a layer-two meme currency, is a great example of this kind of token. Its presale has been quite successful, raising $3.6 million.

As a result of making up for previous losses and underperformance, PEPE's price jumped overnight. The token is now 37% lower than its May ATH of $0.00001717.

It has lost some of its morning vigor, but after falling in the wee hours, it has risen again by 4.5 percent in the last hour as investors have pounced once more.


The 30-day moving average (orange) has risen well above the 200-day (blue) moving average, indicating that it has entered a growth phase, which is consistent with its indications reflecting this comeback.

PEPE's relative strength index is becoming positive as well, having just recovered from a dive to 60 from 80 and is now climbing back up towards 70.

With the meme token's volume reaching $2.8 billion today, it would suggest that traders are gravitating towards Pepe while the broader market maintains moderate performance.

With so many whales purchasing it in the last few days, this is quite enormous for a joke currency.

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