$PEPE Coin Explodes to Record High Amid #ETHETFS Hype…
With the Ether ETF Speculation, PEPE has emerged as a star performer, shattering previous records and setting a new all-time high. The $ETH based meme coin hit a remarkable $0.00001422 on May 22nd, skyrocketing by over 26% within just 24 hours.
Ether ETF approval hype ignited the #memecoin🚀🚀🚀 Rally. The crypto community is abuzz with speculation around a potential of spot ethereum ETFs approval, driving significant price rallies across various meme coins, including PEPE. This regulatory development promises easier access to Ethereum investments for institutional players, fueling market optimism.
PEPE led the meme coin to a comeback. With the overall meme coin market capitalization nearing $61 billion and daily trading volumes exceeding $13 billion, PEPE has been a standout performer. The coin has surged by nearly 120% in the past month, continually breaking records. Analysts forecast substantial growth for PEPE, predicting it could double or even triple in value in the coming weeks.
Other meme coins are riding the wave as well. PEPE isn’t alone in its success. #BONK🔥🔥 and #Floki🔥🔥 have risen by 5.28% and 11.50% respectively. Even long-standing favorites Dogecoin $DOGE and Shiba Inu #SHİB have experienced a modest increases of 2.60% and 2.28%.
With market excitement building, all eyes are on the potential approval of a spot Ether ETF and the continued ascent of meme coins led by PEPE.