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Pepe Coin (PEPE), a memecoin launched in mid-April that quickly turned into a sensation, has skyrocketed by over 40% in the past 24 hours. The token was one of the best performers in the crypto sector a few months ago, charting all-time highs almost daily.
Its impressive price increase comes amid a general rally of the digital asset market, whose global capitalization recently surged to $1.23 trillion (per CoinGecko data).
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