Markets· ★★· bullish·

Pepe Jumps 8.4% in 24 Hours, Outpacing Bitcoin and Major Memecoins

  • —Pepe gained 8.4% in 24 hours, CoinGecko data showed on Wednesday evening
  • —Santiment linked the rally to whale speculation and higher derivatives activity
  • —BTC, DOGE and SHIB lagged, pointing to a narrow rather than broad move
  • —The spike came hours before the Fed's rate decision and commentary
Why it matters: The gain is concentrated in a single memecoin and could extend or reverse sharply after the Fed decision and short squeeze.
#PEPE#BTC#DOGE#SHIB
Source: Crypto Insiders
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