PEPE’s price explosion: what’s behind meme coin’s surge
The Pepe token, PEPE, reached a two-week high of $0.000001345 as its social volume and whale activity witnessed a slight upward momentum. PEPE is up by 15% in the past 24 hours and is trading at $0.000001335 at the time of writing. The meme coin’ s market cap currently stands at roughly $557 million, with a 24-hour trading volume of $167 million. PEPE price , whale activity, social volume, and active deposits – Nov. 9 | Source: Santiment Despite the recent surge , Pepe’s price is still down by 69% from its all-time high of $0.000004354 on May 5. The asset recorded an 89% surge over the past 30 days as the broader crypto market entered a bull run. You might also like: Trust Wallet (TWT) plunges over 10% as Binance unveils new wallet According to data provided by the market intelligence platform Santiment, Pepe’s social volume skyrocketed by 105% over the past day. Data shows that the social activity mainly comes from X (formerly Twitter), Telegram, and Re...