PEPE Coin Surges 33.54% in 24 Hours, Market Cap Hits $4.64 Billion

PEPE coin has experienced a significant surge, with a 33.54% increase in just 24 hours, reaching a price of around $0.00001104. This rally has pushed PEPE to the 27th position among all cryptocurrencies, with its market capitalization soaring to $4.64 billion. The daily trading volume has also exploded by 235% to $1.84 billion, indicating strong market participation and trader attention.

The surge in PEPE's price is attributed to the renewed interest in memecoins and speculative assets, as the crypto bull market is officially underway. Bitcoin's crossing of the $100,000 mark has triggered mass interest across altcoins, especially high-risk, high-reward plays like PEPE. The daily volume over $1.8 billion signals strong market participation and trader attention. Memecoins historically explode late in bull runs, often outperforming large-cap tokens due to virality and speculative momentum.

Several bullish factors are coming together for PEPE. The fully diluted valuation (FDV) is $4.85 billion, just 4.5% above the current market cap, showing minimal unlock or dilution risk. Over 620,000 addresses hold PEPE, and the total supply is nearly fully in circulation, meaning minimal inflation risk during the next leg up. These numbers reflect strong interest, high liquidity, and deep community involvement.

With the current price at $0.00001104 and the market environment heating up fast, PEPE reaching $0.000020 would require just an 81% gain. That’s easily within reach for a memecoin with daily swings over 30% and a strong community behind it. PEPE has proven it’s not just a meme—it’s a movement. As traders re-enter the market, eyes are back on high-volume tokens with viral potential, and PEPE is checking every box.