PEPE Memecoin leads market gains despite bearish sentiment

The $PEPE token has climbed back above a market cap of $2.08 billion after gaining 10.2% in 24 hours and 20.6% over the past week.

It generated $483.4 million in spot trading volume over 24 hours, ranking #50 globally by spot trading volume.

The move comes amid an overall neutral market environment, with 24-hour trading volume reaching $70.2 billion and the Crypto Fear & Greed Index at 47.
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