PEPE soars 53% as Meme Coin Market Experiences a Bullish Surge

The meme coin market is experiencing a resurgence, with PEPE leading the charge. This frog-themed token has surged by an impressive 53% in the past week, fueled by investor optimism amidst the broader cryptocurrency rally. On-chain analytics firm Santiment highlights that many sectors, including meme coins, liquid staking platforms, and Layer-1 blockchains, are experiencing significant gains this weekend, with the meme coin segment alone showing a 18% increase in market capitalization. PEPE stands out as a major contributor to this positive momentum.