Pepe Coin Rises by 3%, Is PEPE Back in the Game?

Vignesh Karunanidhi
Pepe Coin: Analyst Warns As PEPE Takes Center Stage Amid Allegations
Source: Outlook India

Pepe Coin has garnered significant attention in recent months as a meme-based cryptocurrency. The coin experienced notable price surges, capturing the interest of cryptocurrency enthusiasts. Within a short period, PEPE generated substantial returns, surpassing the performance of popular meme coins like Shiba Inu and Dogecoin, with a remarkable 3273% ROI in just one month.

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While Dogecoin and Shiba Inu continue to dominate the meme coin market, PEPE has managed to attract a considerable fanbase and gain prominence due to its surging popularity. However, the coin’s value has experienced a significant decline of over 78.5% since reaching its all-time high on May 5th.

To set the record straight, PEPE has risen by 3% in the last 24 hours and is trading in the green. Is Pepe Coin back in the game?

Source: NewsBTC

Pepe Coin demonstrates positive momentum

While the overall performance of the cryptocurrency market, including popular meme coins like Dogecoin and Shiba Inu, has been less than stellar, the frog-inspired meme coin has shown signs of progress. As of the latest data from CoinMarketCap, it has experienced a 3% increase in value and is currently trading at $0.0000009426.

However, the same gains were not exhibited by the OG meme coins, including Dogecoin and Shiba Inu.