- PEPE ($0.00) recovered 37% this week; can it extend the uptrend?
- The current PEPE market wasn’t overheated, but was still negative, per Funding Rates.
Bitcoin’s [BTC ($81,008.16)] rebound from $76K lows to nearly $85K spurred slight speculative activity, with key memecoin indices tracked by The Block surging 4% on average on daily charts.
In particular, the frog-themed memecoin, Pepe [PEPE], bounced back 37% from its recent lows of $0.00000525. With overall market uncertainty, is the recovery sustainable?
PEPE’s recovery hurdles

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