• PEPE value rose greater than 50%, main the highest meme cash Dogecoin and Shiba Inu.
• The frog-themed meme token at present exceeds Solana-based Bonk in market capitalization.

PEPE had essentially the most bullish response to Bitcoin's big rally on Monday.

Meme cash had been on the again burner since Solana-based meme tokens gained consideration in late 2023, however they overtook BONK in market capitalization and have become the third largest meme coin.

PEPE has outperformed the highest two meme cash, Dogecoin (DOGE) and Shiba Inu (SHIB), which rose 12% and 14%, respectively, in 24 hours.

PEPE: Did you get your frog token again?

Dogwifhat (WIF) and Floki (FLOKI) posted 43% and 35%, respectively, prior to now 24 hours, however are nonetheless outdoors of Pepe's large strikes.

PEPE rose as on-chain indicators level to a resurgence of the frog meme. Over the previous week, the variety of token holders has elevated from 155,735 on February twenty fourth to over 157,600 on February twenty seventh. The variety of new holders elevated by nearly 2,000 in simply 3 days.

Curiosity in meme cash may also be attributed to whale exercise, with massive accounts holding between $100,000 and $1 million in PEPE exhibiting lively purchases. Additionally of be aware, PEPE is likely one of the tokens just lately added by Robinhood Crypto to be obtainable in some EU jurisdictions.

Binance and several other different prime exchanges are additionally eyeing PEPE, with Binance working a 700,000 PEPE promotion in its Easy Earn program.

Pepe (PEPE) is at present buying and selling at round $0.0000002488.