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