Meanwhile, PEPE, one of the newer memecoins, saw an increase in trading volume of 54% as big players re-engaged in large transfers. Data from Whale Alert showed a single transfer of more than 1.2 trillion PEPE tokens to a Binance wallet, which could indicate increased liquidity but also sparked speculation of a possible sell-off. PEPE's price rose to $0.00000966, up 8.49% in the past 24 hours, but still 43% below its peak of $0.00001718.
Musk once again fuels the craze for a meme coin: Top cryptocurrencies to watch
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