PEPE coin's price surged between 16% and 26% following an endorsement from Arthur Hayes. The overall meme coin market experienced a significant upswing, with its cap reaching $56 billion.
Technical indicators point towards further potential gains for PEPE, with analysts suggesting that there might be a 90% upside for the coin in the near future. Dogecoin is also displaying a bullish pattern and could potentially reach a price of $0.20.
Additionally, there's been a noticeable increase in whale activity and large transactions involving major meme coins, indicating heightened interest and investment in the market.
