PEPE has resumed its bull run with a notable double-digit price pump.
After sitting below $27,000 for a few days, bitcoin finally jumped above that level in the past 24 hours but is yet to decisively reclaim it.
Most altcoins are with insignificant gains on a daily scale, aside from the trending memecoin – PEPE.Last week started on a positive note for bitcoin, which jumped to over $27,600 after the stagnant weekend. However, that was short-lived, and the asset retraced to below $27,000 in a matter of days. Another price pump followed that drove it back up to $27,500, which, yet again, was stopped in its tracks.the cryptocurrency south to a weekly low of $26,400 .
After making several savvy investors millionaires overnight, it was listed on multiple prominent exchanges, including Binance, which turned out to be a sell-the-news moment. PEPE lost some of its momentum, and its market cap dumped by over a billion in days. The past 24 hours were a lot more positive for the memecoin, as it has added over 12% of value and is back within the top 70 largest cryptocurrencies.
The larger-cap alts are also in the green on a daily scale, albeit in a more modest fashion. ETH, BNB, XRP, ADA, MATIC, SOL, LTC, DOT, and TRX have all jumped by up to 2% in a day.Cryptocurrency Market Overview. Source: Quantify Crypto
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