PEPE Price Surge: Meme Coin Rally Reaches New Highs

The meme coin PEPE has experienced a significant surge, surpassing $4,500 for the first time and generating over $1 billion in trading volume. This renewed interest is attributed to factors like whale accumulation, bullish technical patterns, and increasing social media buzz. Experts believe this resurgence signals a deeper trend in the broader crypto market as the meme coin rally gains momentum. 2023 saw a cooling of the meme coin craze, but PEPE’s recent revival indicates a potential shift back towards more active participation from investors.