PEPE Shoots Up 20% Daily, Bitcoin Flat at $27K (Weekend Watch)

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PEPE Shoots Up 20% Daily, Bitcoin Flat at $27K (Weekend Watch)
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After several consecutive days of price drops, PEPE has bounced off rather impressively.

Nevertheless, it managed to bounce off and even$27,000 in the past 24 hours but to no avail so far. As of now, the asset trades inches away from that level, but its market cap has gone back up to $520 billion. Its dominance over the alts is also flat on a daily scale at 46.3%.The word in the crypto town for the past month or so has been on the recently launched memecoin –.

As the hype was at its highest, though, came listings on multiple exchanges, such as BitMEX and Binance. This turned out to be a sell-the-news moment as PEPEThe past 24 hours have been a lot more positive for the memecoin, which is up by 20%. On a weekly scale, though, PEPE is still down by over 30%.

In contrast, the larger-cap alts sit a lot quieter today, with little-to-no movements from the likes of ETH, NB, XRP, ADA, DOGE, SOL, and many others.

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