Pepe Price Surges Amid Regulatory Scrutiny

Pepe (PEPE) is experiencing a surge in price, currently trading at $0.0000037 after a 10.32% gain on the day.

This upward momentum comes despite ongoing regulatory scrutiny from the SEC's crypto initiative and the New York Attorney General's probe into retail crypto wallet transactions.

The token has broken above its key moving averages, indicating strong intraday performance.

Analysts predict that PEPE will consolidate within a $0.00000342 to $0.000003836 range over the next 2-3 days, with a high probability of an upside move above the top of this range.