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Why Is PEPE Up? Price Jumps as Whales Pile In, Bitcoin Breaks $118K in Broad Crypto Rally

Summary by Coin Desk
The price of PEPE (PEPE) shot up 14% over the last 24 hours, driven by large-scale buying and a broader rebound across the cryptocurrency space that saw bitcoin (BTC) top the $118,000 mark.The token surged from $0.000011141 to $0.000012812, adding fuel to a sector that thrives on online hype and sudden bursts of trading. While the broader CoinDesk 20 (CD20) index rose 7.3% in the last 24-hour period, the CoinDesk Memecoin Index (CDMEME) is up 11…

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Is the next crypto sensation hiding behind a squirrel, a turbocharged AI, or a meme that only the most curious traders understand? Memecoins like Peanut Squirrel, TURBO, SPX6900, and Gigachad are reaching record trading volumes. Viral culture, the power of communities, and the hunger for volatility are redefining the world of digital assets. For traders and investors interested in keeping track of the markets, memecoins have ceased to be a passi…

Who said Memecoins were just a joke? The cryptocurrency market is revving up with a bullish surge that has catapulted many tokens, especially Memecoins and some...

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Crypto News Wire - Latest Crypto News And Analysis broke the news in on Thursday, July 10, 2025.
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