PEPE Takes the Lead in a Week of Gains
Throughout the previous week, a variety of tokens demonstrated an upward trajectory, with the meme coin Pepe (PEPE) stealing the spotlight.
Amidst the recent fluctuations in the cryptocurrency market, driven by rumors surrounding the potential approval of a Bitcoin spot ETF, PEPE garnered attention by announcing its decision to burn tokens worth over $5.5 million. This strategy resulted in an impressive 30% surge in its price within a single day, elevating PEPE to its highest point in two months. The increase in value, amidst speculations of a Bitcoin spot ETF approval, signifies a notable boost for PEPE and suggests a possible resurgence in the altcoin market.
Crypto market tracker CoinGecko reveals that PEPE’s price soared by an impressive 56.5% over the past week. Nevertheless, its current price stands at $0.00000115, marking a
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