PEPE Memecoin: Can Strong Exchange Outflows Boost Its Price Despite Ethereum Correlation?

1 min read

11 months ago bitnews

Recent data highlight how the memecoin Pepe’s [PEPE] close alignment with Ethereum [ETH] might hinder its growth trajectory. Substantial outflows from exchanges could potentially be beneficial for PEPE. Over the past day, Frog-themed memecoin PEPE showed remarkable resilience, being one of the few top-50 digital currencies to experience gains. Currently, PEPE is trading at $0.000011,