- PEPE’s price has gone up by 14% in the last week.
- Its key momentum indicators show increased demand for the meme coin.
Frog-themed Pepe [PEPE] has emerged as the top performer among leading meme assets over the past week, seeing more gains than Dogecoin [DOGE] and Shiba Inu [SHIB].
PEPE exchanged hands at $0.000001389 at press time, seeing a 14% price growth in the last seven days, according to data from CoinMarketCap.
DOGE and SHIB’s values dropped by 0.40% and 2%, respectively, during that period,
The double-digit surge in PEPE’s price during the period under review is due to an uptick in demand for the altcoin.
AMBCrypto found that the count of daily active and new addresses involved in PEPE trades has rallied in the last week.
According to data from Santiment, the daily count of addresses involved in PEPE transactions has risen by 34% in the last seven days.
Similarly, within the same period, the new demand for the meme coin has also grown.
Information from the same data provider showed that the number of new addresses created daily to trade PEPE has increased by 31%.
The bulls have it
AMBCrypto’s assessment of PEPE’s price movements on a daily chart revealed a sign
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Author: Abiodun Oladokun