#PEPE Leads Meme Coin Resurgence
The rally seemed to be fueled by favorable regulatory developments that increased the likelihood of a spot Ether ETF being approved, which would provide easier access to Ethereum investment for institutional investors.
The meme coin sector as a whole has grown to a significant market capitalization of nearly $61 billion, with a daily trading volume of over $13 billion.
PEPE, for one, has been one of the top-performing meme coins during this latest market upswing, establishing a new all-time high price after surging by nearly 120% in the past month. Experts believe that PEPE will continue to see significant growth – even doubling or tripling in value – over the next few weeks.
