.pepecoineth price soars as it looks to recoup its lost valuation
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.The digital currency ecosystem is unrelenting in its resurgence as the combined crypto market capitalization has regained $1.
The cryptocurrency is changing hands at a spot price of $0.000001425, a price level that was fueled by the growth in trading volume it recorded in the past 24 hours. Per data from CoinMarketCap, a total of $687 million PEPE tokens have been traded following a jump of about 253% in the past 24 hours.Can PEPE define pace for meme coins?
Despite being the third largest meme coin in terms of market capitalization, it is doubtful that PEPE can stir corresponding growth among other meme coins in the industry. The digital currency hasitself a mark in the meme coin world, but altcoins are generally more correlated with Bitcoin, hence, making the growth of PEPE and its influence of little effect.
The PEPE growth has positive sentiment around it, in the heart of retail investors who have tracked the growth of the asset since its inception to date. In all, the meme coin ecosystem is seeing a comprehensive revival, with Dogecoin and Shiba Inu jumping by 5.69% and 10.61%, respectively.
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