Pepe has recently experienced a price rally, fueled by both increased market capitalization and a remarkable surge in the trading volume of the overall crypto market.
This surge in volume, especially for a relatively new cryptocurrency, is a strong indicator of investor interest and market health. As highlighted by Crypto ZEUS, volume is a crucial metric, particularly for emerging cryptocurrencies.
A lack of volume can signal disinterest, which can be a bearish indicator. However, Pepe has defied expectations by surpassing $11 billion in trading volume, setting new all-time highs. This is especially impressive given the market.
Trader Crypto ZEUS accurately predicted Coinbase’s listing of Pepe, which has acted as a powerful catalyst for the coin’s price surge. The increased exposure and liquidity provided by Coinbase have attracted new investors, fueling demand for Pepe and pushing it to new all-time highs.