PEPE's recent surge has brought it close to surpassing Polygon (MATIC) in market capitalization, marking a surprising turnaround in 2024. With a market cap of $7.02 billion, PEPE is closely trailing behind Polygon's $7.12 billion. The coin's price has surged by 12.96% to $0.00001676 and is currently trading at $0.00001698, displaying strong bullish momentum. Despite being in overbought territory with an RSI of 78.76, PEPE continues to attract significant buying interest, supported by high trading volumes and positive market sentiment. However, caution is advised as meme coins like PEPE are highly volatile and risky investments, subject to rapid value fluctuations. Key support levels to monitor for stability are around $0.000015 and $0.000014
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