Memecoins rally, and PEPE hits a new all-time high shortly after GameStop stock trader Keith Gill posts to his Roaring Kitty X account for the first time in 3 years.
Pepe (PEPE) price topped the $0.000010 level for the first time since March 15. Data from Cointelegraph Markets Pro, and TradingView shows that PEPE rallied 34% over the past 24 hours to set a new record high of $0.00001119 on Binance.
PEPE’s trading volume has jumped 245% over the last 24 hours to $1.56 billion and its market capitalization has also jumped to $4.31 billion, surpassing that of Ethereum Classic (ETC) to become the 23rd largest cryptocurrency by market value.
PEPE’s performance follows the return of “Roaring Kitty” – Keith Gill’s account on the social media platform X – which has been dormant since June 2021.
