PEPE Continues to Rise.

PEPE has soared more than 100% since January 2024.

Optimism is being fueled by Bitcoin’s rally and subsequent market rally.

NuggetRush’s pre-market rally indicates strong demand for gaming networks.

Pepe has emerged as one of the best-performing meme coins in recent weeks.

PEPE has surged 100% in February

PEPE’s recent performance has sparked speculation about a possible meme coin resurgence. The cryptocurrency market entered a bull run in February despite slow performance in the previous month. Investors have increased their investments in meme coins in anticipation of a rally in the market.

This has pushed PEPE’s value up more than 100% in February. As of January 20, PEPE was trading at $0.000001111. It fell 17.9% on January 31. Almost three weeks later, PEPE jumped to $0.000001197 on February 19. However, on February 28, it jumped 121.6%.

PEPE's rise is largely dependent on Bitcoin rising to a two-year high. Some analysts expect the bullish sentiment in the market to continue until the second quarter of 2024. This could increase demand for meme altcoins like PEPE, possibly pushing their price higher.