$PEPE rose nearly 9% in a day, and Bitcoin wasn’t the standout in this recovery. For anyone weighing whether to buy major coins or MEME tokens, this distinction is more useful than simply saying “the market is bouncing back.”

As of 12:30 a.m. Beijing time on October 21, BTC, ETH, SOL, and BNB were all up less than 2% over 24 hours, while PEPE was clearly ahead. At least in this market snapshot, its strength is real and cannot be attributed entirely to the broader market’s rise.

My view is cautiously positive: PEPE has shown greater upside sensitivity than these major coins, making it worth adding to a research list. But there isn’t enough evidence to extrapolate its performance into a claim that “MEME tokens are taking off across the board”—only PEPE was checked here.

The specific conclusion we can draw this time is this: choosing PEPE means betting on its ability to keep outperforming. Believing only in a recovery among major coins is not enough to explain why you would choose it.