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Coinjournal

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Pepe price jumps 40% amid memecoin rally driven by Bitcoin surge

  • Pepe, a memecoin, surged by 40% in 24 hours, outperforming other tokens like Dogecoin and Shiba Inu.
  • The rally was fueled by Bitcoin crossing $100,000 and Ethereum surpassing $2,200, leading to a broader altcoin market surge.
  • Pepe broke through a critical resistance at $0.000009 with rising whale accumulation and a 150% increase in trading volume.
  • Technical indicators suggest potential new all-time highs for Pepe with target levels at $0.00001712, $0.00002118, and possibly $0.00006.

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