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Pepe Coin Skyrockets by Over 40% in 24 Hours Amid General Crypto Market Rally

June 22 (Cointime) - Pepe Coin (PEPE), a memecoin that gained popularity quickly after its mid-April launch, has surged by over 40% in the past 24 hours. This increase in price is due to the general rally in the digital asset market, which has recently reached a global capitalization of $1.23 trillion.

The rise in PEPE's valuation could also be attributed to a mysterious announcement from Gemini, as well as the returned optimism in the overall crypto market. Other memecoins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Floki Inu (FLOKI) have also experienced gains.

Dogecoin Dogecoin $0.38
+11.56%
Gemini
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