PEPE memecoin has experienced a rise of 2.21% in the past 24 hours, now trading at $0.000009705. This increase suggests promising recovery signs for the market overall.
Despite a previous decline of 3.47% over the past week, PEPE's market capitalization has managed to grow by 1.90%, bringing it to a total of $4.09 billion.
Additionally, open interest in PEPE has risen by 2.88%, reaching $140.15 million in the same 24-hour period. This is further bolstered by positive adjusted DAA divergence, indicating a rise in demand among investors.