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The cryptocurrency $PEPE, a meme coin associated with Ethereum, has recently outperformed its counterpart, $ETH, achieving new all-time highs (ATH) in its trading value against $ETH, reaching a new ATH of 0.3. Notably, $PEPE has also surpassed $APT in market capitalization. Despite the broader market conditions, including a retrace in other cryptocurrencies since mid-April, $PEPE has shown remarkable resilience with daily trading volumes ranging between $600 million and $1.2 billion. This strength is attributed to the growing trust in meme coins and the anticipation that Ethereum will perform strongly soon.
$PEPE doing more 24hr volume than $DOGE and triple $SHIB volume a repricing is inevitable https://t.co/R9cPdGoah7
Here's an interesting observation on $PEPE price and its correlation with $BTC price. We are beginning to see $PEPE rising even when $BTC fall. Look at $PEPE price each time $BTC goes bearish and falls to $60k over the past two months. Its disassociating!! 🐸 Here are the dates… https://t.co/7eu9jJ26mx
Here's an interesting observation on $PEPE price and its correlation with $BTC price. We are beginning to see $PEPE rising even when $BTC fall. Look at $PEPE price each time $BTC goes bearish and falls to $60k over the past two months. Its disassociating!! 🐸 1-March 5 2-March… https://t.co/GnSkGJ697a
