PEPE reclaims $2B market cap – Can memecoin FOMO lift altcoins?

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PEPE reclaimed a market capitalization of $2.08 billion after a 10.2% daily rally, bringing its weekly gain to 20.6%. Its 24-hour spot trading volume reached $483.4 million, while the PEPE/ETH ratio rose more than 13% on a weekly basis, potentially signaling capital rotation toward altcoins. However, PEPE remains facing major resistance around $0.000005, a level it has struggled to overcome since the October crash. The return of 2.11 billion tokens to exchanges after an initial outflow of 4.77 billion indicates increased selling pressure and the risk of a larger correction.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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