Pepe (PEPE) can't get enough of the record: The bull run is at full speed!

The memecoin craze that swept the market triggered a new movement in Pepe (PEPE), bringing ATH.

The most talked about memecoin of recent times, Pepe (PEPE), made its investors happy with its short-term price movements. PEPE came to the fore among memecoins, which were pumped up by Bitcoin (BTC) breaking $ 73,000. The popular coin, which increased by 16.77 percent in the last 24 hours, ranked third in the "Most Most Rising Crypto Coins" list. Can the rise continue for PEPE, which is challenging the top? What is the latest situation in PEPE?

It rose sharply in a short time: You need to be careful with Memecoins!

PEPE, which started its upward movement on February 25, achieved a performance of 746.09 percent in just 20 days. The popular coin, which overtook not only memecoins but also almost the entire altcoin market, gave hope for price movements in 2024. If the Memecoin craze continues unabated, BTC maintains permanence above $70,000, ETH maintains $4,000 as support, or BTC dominance declines, the increase in PEPE can be expected to continue.

Factors such as a downward movement in the market or a decrease in demand for memecoins could bring a solid sell-off in PEPE. The fact that BTC has not corrected for a long time has increased the danger on memecoins. In case of a possible decline in BTC, attention should be paid especially to memecoins. Memecoins, which have the most impact during rising periods, may face major declines in a situation where things go wrong. It will be important for crypto investors to consider these scenarios.