Pepe

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 <p class="paragraph">Pepe (PEPE), the cryptocurrency inspired by memes, continues to astonish, surging by nearly 180% in just one week. This extraordinary comeback has attracted the interest of cryptocurrency enthusiasts and reignited enthusiasm for meme coins in general.</p>
 <p class="paragraph">Once overshadowed, PEPE is now leading the pack in the meme coin arena.</p>
 <p class="paragraph">PEPE tops the list of the top 100 cryptocurrencies for the mentioned period, boasting daily gains of 43.72% and weekly gains of 176.30%.</p>
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    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
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 <p class="paragraph">Its market capitalization has also soared to a remarkable $1.3 billion, signaling a potential to quickly reach its all-time high market cap of $1.8 billion shortly.</p>
 <figure class="wp-block-image size-full"><img decoding="async" width="937" height="492" src="https://cdn.thebittimes.com/images/2024/02/28/52ba404b834948fe289bc8432a969898.webp" alt="PEPE 7-day price chart. Source: CoinMarketCap
" class="wp-image-157706" srcset="https://cdn.thebittimes.com/images/2024/02/28/52ba404b834948fe289bc8432a969898.webp 937w, https://cdn.thebittimes.com/images/2024/02/28/52ba404b834948fe289bc8432a969898.webp 300w, https://cdn.thebittimes.com/images/2024/02/28/52ba404b834948fe289bc8432a969898.webp 768w" sizes="(max-width: 937px) 100vw, 937px">
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   PEPE 7-day price chart. Source: CoinMarketCap
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 <p class="paragraph">So, what exactly has led to this unexpected resurgence of the Pepe meme coin?</p>
 <h2 class="wp-block-heading" id="h-bitcoin-advance-and-speculations-are-the-most-likely-reasons">Bitcoin advance and speculations are the most likely reasons</h2>
 <p class="paragraph">This impressive performance mirrors a larger surge in meme coins, often seen as speculative investments linked to the growth of blockchain ecosystems. Bitcoin’s (BTC) recent rally has greatly influenced this trend, surpassing the $60,000 mark, a level not seen since 2021.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="683" src="https://cdn.thebittimes.com/images/2024/02/28/636b065c8830148e6f5c269b074a91c1.webp" alt="Bitcoin 24-hour price chart. Source: Finbold
" class="wp-image-157707" srcset="https://cdn.thebittimes.com/images/2024/02/28/636b065c8830148e6f5c269b074a91c1.webp 1024w, https://cdn.thebittimes.com/images/2024/02/28/636b065c8830148e6f5c269b074a91c1.webp 300w, https://cdn.thebittimes.com/images/2024/02/28/636b065c8830148e6f5c269b074a91c1.webp 768w, https://cdn.thebittimes.com/images/2024/02/28/636b065c8830148e6f5c269b074a91c1.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Bitcoin 24-hour price chart. Source: Finbold
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 <p class="paragraph">Social media platforms, notably X, have become hubs for discussions about Pepe. The cryptocurrency has garnered attention with over 104,000 posts dedicated to its vibrant community and potential as an attractive investment opportunity. The widespread traction on social media has bolstered Pepe’s popularity and increased its value.</p>
 <figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="733" height="93" src="https://cdn.thebittimes.com/images/2024/02/28/e120e23c3bc1d517a111a6232a70909e.webp" alt="Number of posts on X related to PEPE. Source: X
" class="wp-image-157708" srcset="https://cdn.thebittimes.com/images/2024/02/28/e120e23c3bc1d517a111a6232a70909e.webp 733w, https://cdn.thebittimes.com/images/2024/02/28/e120e23c3bc1d517a111a6232a70909e.webp 300w" sizes="(max-width: 733px) 100vw, 733px">
  <figcaption class="wp-element-caption">
   Number of posts on X related to PEPE. Source: X
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 <h2 class="wp-block-heading" id="whales-significantly-contributed-to-the-pepe-price">Whales significantly contributed to the PEPE price</h2>
 <p class="paragraph">Key events within the PEPE ecosystem have also played a role in its recent success. Six influential wallets executed trades, selling nearly 2 trillion PEPE tokens.&nbsp;</p>
 <p class="paragraph">This high-volume transaction amounted to approximately $4.37 million in sales, yielding substantial profits of around $2 million. Such notable market activity highlights the increasing momentum surrounding the meme coin during this surge.</p>
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   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">The price of $PEPE has increased by more than 60% today!<br><br>6 wallets sold 1.98T $PEPE($4.37M) to take profits, with a total profit of ~$2M.<br><br>Wallet"0xa145" deposited 486.72B $PEPE($1.04M) to #Binance 6 hours ago, making ~$515K (+97%).https://t.co/RyJqmGu1At<br><br>5 wallets (possibly… pic.twitter.com/rulYxYE4W5</p>— Lookonchain (@lookonchain) February 27, 2024
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 <p class="paragraph">Given the current market trends favoring gains, PEPE’s anticipated to maintain its upward trajectory, at least for now. This expectation is fueled by the resurgence of popularity in meme coins and growing investor confidence.</p>
 <p class="paragraph">PEPE has successfully recaptured the attention of investors, which had previously shifted towards Dogecoin (DOGE) and Bonk (BONK), propelling it to become the third-largest meme coin by market capitalization.</p>
 <p class="paragraph"><strong><em>Disclaimer: </em></strong><em>The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/pepe-returns-from-the-dead-rockets-180-in-a-week-tbt81074.html">https://thebittimes.com/pepe-returns-from-the-dead-rockets-180-in-a-week-tbt81074.html</a></p>

Pepe returns from the dead rockets 180% in a week

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