Pepe gains 30% in a week as memecoin trading volumes explode

Pepe’s trading volumes tripled over the past week, triggering a strong double-digit rally in the frog-themed memecoin.

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Pepe (PEPE), an Ethereum-based memecoin, has rallied more than 31% in the past week as memecoins recover across the board.

Currently trading at $0.00001076, PEPE has reached to its highest value since Aug. 3, marking a 68% climb from its local low on Sept. 6.

PEPE/USD daily chart. Source: TradingView

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