After sitting below $27,000 for a few days, bitcoin finally jumped above that level in the past 24 hours but is yet to decisively reclaim it. Most altcoins are with insignificant gains on a daily scale, aside from the trending memecoin – PEPE. All eyes in the crypto community have been focused on PEPE for the past month or so, as the memecoin went from an unknown coin launched in mid-April to a massive trend with a market cap of almost $2 billion a few weeks later. The past 24 hours were a lot more positive for the memecoin, as it has added over 12% of its value and is back within the top 70 largest cryptocurrencies.
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