$pepe update new for gaining.

Here are some reasons why Pepe Coin is gaining traction.

Market conditions: The broader crypto sector is reviving, and the global crypto market cap is increasing.

Increased demand: Whales are buying the coin, leading to a broader increase in price.

Recovery: After a correction, PEPE bounced back.

Meme coin: PEPE is joining the ranks of DOGE and SHIB as a prominent meme coin.

Elon Musk promotion: Musk's promotion of PEPE on social media has sparked interest in the cryptocurrency community.

Trading volume: The 24-hour trading volume of PEPE has skyrocketed, reaching 2.45 billion.

Whales' activity: Whales are actively transferring substantial amounts of PEPE to major centralized exchanges to capitalize on their profits.

Open interest: According to Coinglass, PEPE saw a remarkable surge in open interest, indicating increasing interest among investors.

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