Odaily Planet Daily News Pepe Coin (PEPE) has surged more than 40% in the past 24 hours. A few months ago, the token was one of the best performing tokens in the cryptocurrency space, setting new all-time highs almost every day. According to Coingecko data, the price of PEPE tokens hit a one-month high after surging about 40% yesterday. As of press time, its market value has risen from about $400 million on June 21 to more than $633 million. One factor driving the price of the meme coin may be that Gemini once posted a short video on Twitter, which contained the PEPE logo and possible "to the Moon" shots. The video also hinted at the end of the bear market, showing how BTC can win after the Fed initiated large-scale printing of fiat currency and other issues. Another reason for the surge in PEPE prices may be the recovery of optimism in the entire crypto market. Bitcoin and most altcoins have risen sharply in the past few days after BlackRock's iShares unit submitted iShares Bitcoin Trust application documents to the US SEC. (Cryptopotato)