Pepe (PEPE) experienced a notable 17% surge, reaching $0.00000773, following Bitcoin's halving, prompting investors to diversify into meme coins. Top meme coins, such as Pepe, Floki, and Bonk, collectively surged around 20%, reflecting increased speculative interest. Coinbase's listing of Pepe's 1000PEPE-PERP market further boosted the coin's visibility and potential market reach. A popular crypto analyst, Captain Faibik, suggested a potential 2-3X bullish rally for Pepe in the coming weeks, with the coin already in price discovery mode on the weekly timeframe. However, Pepe's price movement in the near term will be influenced by Bitcoin's performance, particularly its ability to consistently close above the daily falling logarithmic trend to avoid further correction.

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