$PEPE led the meme sector to start a bull market in March, and because of this, Pepe reached a record high of $0.000017256.

Pepe's breakthrough in March benefited from the expectation of the approval of the Ethereum spot ETF, when Ethereum broke through $4,000.

However, after the Ethereum spot ETF was approved for listing, due to Grayscale's continuous market crash, Ethereum fell to a minimum of $2,084.9, and Pepe also fell to a minimum of $0.000006329.First of all, we have to understand why Pepe's trend is so dependent on Ethereum.

Pay attention to Zhuye, bull market strategy layout, share various passwords, and take you to learn more about 100x coinsThis is because Pepe is a token on the Ethereum meme ecosystem, so the recent breakthrough of Ethereum has also pushed Pepe to strengthen again, and it is not impossible for Pepe to hit a new high again.

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