- Pepe memecoin has soared around 2% on a daily chart following a bullish sentiment in the crypto market, which sparked an euphoria in the crypto community.
- The price surge was witnessed after Canary Capital submitted a filing with the United States Securities and Exchange Commission to launch the first PEPE ETF.
- According to the price movement, the memecoin might face a small drop before entering a new cycle.
On April 10, Pepe memecoin price gained an upward momentum, where it rose by around 2% on a daily chart following a recent exchange-traded funds filing from Canary Capital.
The price surge in memecoin comes amid the positive sentiment in the overall crypto market, as Bitcoin (BTC) seems steady after breaking the $72,000 mark.
At the time of writing this, Pepe coin price is hovering around $0.000003644 with a staggering market capitalization of $1.5 billion, according to CoinMarketCap. Amid the news of exchange-traded funds, the daily trading ...
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