Pepe Surges 26.75% in Broad Meme Coin Rally, Targets Weekly High

Pepe (PEPE) has led a broad meme coin rally in September, with its price surging 26.75% weekly and reaching $0.00000507 after Monday's 22.2% surge. This move pushed Bitcoin towards $87,000 and triggered $919 million in short liquidations.

The token remains bullish above the 0.382 Fibonacci support at $0.0000042 and must clear its weekly high near $0.0000054 to extend a month-to-date gain of 40.6%. This is well past Pepe's historical average September return of +18.5%, highlighting notable token performance and market momentum in crypto and DeFi sectors.

Pepe has been on pace for one of its stronger Septembers on record, but it hasn't cleared the weekly high yet. However, this week's move is the closest attempt in nearly two years.