- PEPE added a 3.48% gain after surging in the early trading hours of Monday, according to data from CoinMarketCap.
- The token’s trade volume also rocketed after registering a 73.72% increase from $62 million trades.
- DOGE and SHIB recorded similar price gains, although trade volumes lagged behind PEPE’s.
Amidst a recent surge in major cryptocurrency prices, the popular meme coin token PEPE also recorded a significant uptick, wiping off some of the losses it accumulated over the week. With the token still in the green zone, many wonder if it will sustain that performance until year-end.
Particularly, data from CoinMarketCap shows that PEPE has added a 3.48% gain in its price at the time of press. The uptick came from a broader crypto market overnight rally, ending last week’s sustained negative price performance.
Daily chart for PEPE (Source: CoinMarketCap)
However, on the weekly price charts, the token is still in the red zone, with a 1.58% decline in that period. On the other hand, the monthly price charts show the token has equaled its losses and is trending positive. Should PEPE sustain the current rally, it might cancel losses gathered over the last…
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