Why Is PEPE Price Up 50% Today?

Summary

PEPE coin's price surged over 50% in a day, driven by renewed interest in Ethereum meme coins. Its Twitter trend and 359% trading volume increase contributed to the rally. With a market cap below $1 billion, PEPE aims to surpass BONK as the third-largest meme coin. In the last week, PEPE's price rose by 79%, outperforming BONK's 8.8% gain. Other meme coins like WIF and FLOKI also saw significant increases.