$3 Trillion Market Cap Milestone: Can PEPE Break Through Resistance?

The cryptocurrency market has reached a milestone with a total capitalization of $3 trillion for the first time in eight months, and PEPE is among the leading tokens in this rally.

As an Ethereum-based memecoin inspired by the Pepe the Frog internet meme, PEPE was launched in 2023 and has since become one of the most actively traded tokens in the sector.

The token's price currently stands at $0.00000500, down 1.7% over the past 24 hours, with its market capitalization standing at approximately $2.105 billion, ranking it #50 among all cryptocurrencies.

A breakout above resistance could take PEPE to a target of $0.00000600, while a rejection from this level would point to a pullback toward $0.00000350.