The profitability of Pepe has returned to levels that were witnessed when it launched in 2023, with holders seeing significant profits.
, have experienced substantial increases. This surge has spurred increased activity among holders, resulting in a historic achievement for the meme coin.on a daily time frame chart showed an intriguing trend. Analyzing the price range tool since the beginning of March, it was evident that the price has surged by over 300%.
At the time of this writing, the coin was trading with an over 1% increase, but it has reached an all-time high at around $0.000009.The ongoing strong bull trend was further validated by the Relative Strength Index , which had first entered the overbought territory on the 25th of February. At press time, the RSI was approaching 90.AMBCrypto’s analysis of Santiment’s chart showed that since late February, Pepe’s daily trading volume has consistently exceeded $2 billion.
The ongoing surge in both price and volume suggested a sustained aggressive buying trend among traders in recent weeks. Additionally, an examination of the 30-day daily active addresses indicated a rise in activity.