$PEPE (Update)
đ„Here are some reasons why Pepe Coin is gaining traction .
đ„Market conditions: The broader crypto sector is reviving, and the global crypto market cap is increasing.
đ„Increased demand: Whales are buying the coin, leading to a broader increase in price.
đ„Recovery: After a correction, PEPE bounced back.
đ„Meme coin: PEPE is joining the ranks of DOGE and SHIB as a prominent meme coin.
đ„Elon Musk promotion: Musk's promotion of PEPE on social media has sparked interest in the cryptocurrency community.
đ„ Trading volume: The 24-hour trading volume of PEPE has skyrocketed, reaching 2.45 billion.
đ„Whales' activity: Whales are actively transferring substantial amounts of PEPE to major centralized exchanges to capitalize on their profits.
đ„ Open interest: According to Coinglass, PEPE saw a remarkable surge in open interest, indicating increasing interest among investors.