Pepe Dominates With 25% Weekly Rally, Outshines Bitcoin, Solana
Pepe (PEPE) is currently one of the best-performing cryptocurrencies among the top 100 projects by market cap, registering quite a steep price rally. The memecoin has outperformed market leaders such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), etc. CoinGecko data shows that PEPE’s price has risen 14.2% in the last 24 hours and move than 25% in the last week. Let’s discuss if the memecoin can sustain its upswing or if it will face a dip once again.
Can PEPE Continue Its Price Rally And Dominate The Market?
PEPE’s price surge comes amid a larger-market wide resurgence. Bitcoin (BTC) has reclaimed the $75,000 price level and other assets are following its trajectory. The cryptocurrency market took off after President Trump hosted an event in the White House for CEOs and founders of several cryptocurrency firms. During the event, Trump stated that the US may purchase a large amount of Bitcoin (BTC) and other cryptocurrencies. PEPE’s rally is likely due to the sentiment surge following the White House event.
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