PEPE Soars 5%, Will Bullish Momentum Hold?

The PEPE meme coin experienced a significant surge, reaching an impressive 5% gain and hovering around $0.0000072. This bullish momentum was further fueled by the broader crypto market’s recovery, with a total market capitalization exceeding $2.68 trillion. Meme coins gained traction as well, recording a $50.4 billion cap after surging over 3.4%. PEPE, the frog-themed token, led the charge, climbing by a substantial 5.50% during trading.