Rise

Daily

Coin

<ul class="news-points"> 
 <li>PEPE added a 3.48% gain after surging in the early trading hours of Monday, according to data from CoinMarketCap.</li> 
 <li>The token’s trade volume also rocketed after registering a 73.72% increase from $62 million trades.</li> 
 <li>DOGE and SHIB recorded similar price gains, although trade volumes lagged behind PEPE’s.</li> 
</ul> 
Amidst a recent surge in major cryptocurrency prices, the popular <a href="https://coinedition.com/tag/Pepe-PEPE/">meme coin token PEPE</a> also recorded a significant uptick, wiping off some of the losses it accumulated over the week. With the token still in the green zone, many wonder if it will sustain that performance until year-end. 
Particularly, data from CoinMarketCap shows that PEPE has added a 3.48% gain in its price at the time of press. The uptick came from a broader crypto market overnight rally, ending last week’s sustained negative price performance. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full is-resized">
 <img decoding="async" src="https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1.png" alt="" class="wp-image-343094" style="width: 100%;height:406px" width="714" height="406" srcset="https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1.png 1392w, https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1-300x171.png 300w, https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1-1024x583.png 1024w, https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1-380x216.png 380w, https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1-768x437.png 768w, https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1-156x89.png 156w, https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1-782x445.png 782w, https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1-434x247.png 434w, https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1-414x236.png 414w, https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1-290x165.png 290w, https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1-371x211.png 371w, https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1-130x75.png 130w, https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1-144x81.png 144w, https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1-123x70.png 123w, https://coinedition.com/wp-content/uploads/2023/10/Pepe-2-1-129x73.png 129w" sizes="(max-width: 714px) 100vw, 714px">
 <figcaption class="wp-element-caption">
 Daily chart for PEPE (Source: <a href="https://coinmarketcap.com/currencies/pepe/" target="_blank" rel="nofollow">CoinMarketCap</a>)
 </figcaption>
 </figure>
</div> 
However, on the weekly price charts, the token is still in the red zone, with a 1.58% decline in that period. On the other hand, the monthly price charts show the token has equaled its losses and is trending positive. Should PEPE sustain the current rally, it might cancel losses gathered over the last…
The post <a rel="nofollow" href="https://coinedition.com/are-meme-coins-staging-a-comeback-pepe-doge-shib-on-the-rise/">Are Meme Coins Staging a Comeback? PEPE, DOGE, SHIB on the Rise</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Are Meme Coins Staging a Comeback? PEPE, DOGE, SHIB on the Rise

Coin Edition

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