PEPE Attempts Market Rebound, Surges By 28% In 24 Hours

Popular memecoin PEPE is currently soaring as it attempts to pull off a market recovery. In a week marred by losses of varying sizes, the hottest coin of the meme season was not exempted, losing 46.1% of its market value within this period.
The past week was quite bearish for the entire market as the total crypto market cap dropped by $64 billion to a current value of $1.170 trillion. Bitcoin, the market leader, did share most of the headlines with PEPE, as its market price crashed by almost 9%