Pepe rose by as much as 13% in today’s session, with the coin breaking out of a key resistance level as a result. The surge came as cryptocurrency markets attempted to bounce back from Tuesday’s drubbing. XRP was another notable gainer, moving 5% higher on Wednesday.

Pepe (PEPE)

Pepe (PEPE), which is known for being a deflationary meme coin, rose by over 13% in today’s session.

Following a low of $0.0000009764 on Tuesday, PEPE/USD made a move to a peak of $0.000001257 earlier today.

As a result of the move, pepe briefly broke out of a price ceiling at $0.000001200, however was unable to sustain the move.