$PEPE Surges 18% as Meme Coin Market Rotation Continues

The PEPE price surged nearly 18% to $0.00000411 after breaking out of a months-long downtrend, propelled by a broader risk-on move across crypto.

This breakout is unfolding within a market rotation that has seen capital shift towards high-beta meme coins, with Bitcoin and major altcoins also strengthening sharply.

$PEPE's trading volume places it among the most actively traded meme tokens, and recent market analysis identified it as one of the strongest large-cap meme assets during the latest risk-on wave.

With $0.000005 now in focus as a potential target, analysts say that if PEPE pulls back after the 18% expansion but holds the area between $0.0000036 and $0.0000038, it could resemble a conventional breakout-retest rather than a failed rally.