Bitcoin Is Basking In The Limelight, But This Popular Frog Memecoin Stole The Show With 33% Gains — Why Pepe Is Topping The Charts Today?
Portfolio Pulse from Mehab Qureshi
Pepe Coin (CRYPTO: PEPE) has surged by 32% in the past 24 hours, outperforming Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE), and Shiba Inu (CRYPTO: SHIB). The surge in PEPE's price coincides with a 172% increase in trading volume, reaching $303 million. The majority of PEPE's trading occurred on Binance. The surge in PEPE's price can be attributed to the rising price of Bitcoin and the wider market rally impacting various altcoins and meme coins.
October 24, 2023 | 3:19 am
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POSITIVE IMPACT
Bitcoin experienced a gain of 14% during the same period as PEPE's surge.
The surge in PEPE's price can be attributed to the rising price of Bitcoin, which sparked a wider market rally impacting various altcoins and meme coins.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Dogecoin experienced a gain of 10.65% during the same period as PEPE's surge.
The surge in PEPE's price can be attributed to the rising price of Bitcoin, which sparked a wider market rally impacting various altcoins and meme coins, including Dogecoin.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Ethereum experienced a gain of 9% during the same period as PEPE's surge.
The surge in PEPE's price can be attributed to the rising price of Bitcoin, which sparked a wider market rally impacting various altcoins and meme coins, including Ethereum.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Pepe Coin surged by 32% in the past 24 hours, outperforming other major cryptocurrencies.
The surge in PEPE's price coincides with a 172% increase in trading volume, reaching $303 million. The majority of PEPE's trading occurred on Binance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Shiba Inu experienced a gain of 8% during the same period as PEPE's surge.
The surge in PEPE's price can be attributed to the rising price of Bitcoin, which sparked a wider market rally impacting various altcoins and meme coins, including Shiba Inu.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70