Meme Coins Surge Amid GameStop Rally; Pepe Hits All-time High

By: Isha Das

The meme cryptocurrency Pepe has hit an all-time high with a 19% jump in the last 24 hours amid a rally fueled by the return of Roaring Kitty and Coinbase listing rumors. The rally has been described as a perfect storm for Pepe, triggering a surge not only in Pepe but also in other meme coins such as FLOKI and MOG.

Some attribute this sudden surge to the statement made by a meme coin developer stating that Roaring Kitty is a glowing example of the retail market outsmarting institutional players at the highest level. This sentiment is reflective of a growing trend of retail investors flexing their strengths in the crypto market.