PEPE once again outshines its competitors in the meme coin market.

While the cryptocurrency market is in a positive mood, led by Bitcoin, some altcoins are outperforming Bitcoin and benefiting more from the optimism towards the sector. With Bitcoin retesting the $ 35,000 level after 17 months, there was a significant increase in the cryptocurrency market value. On the other hand, while there is a value increase in the meme coin market in parallel with the market in general, DOGE has increased in value by nearly 20% since last week and SHIB by just over 10%. PEPE, one of the new assets of the Memecoin sector, has surpassed the performances of its major competitors and has increased by more than 70% since last week. PEPE had fallen to around 0.0000006 dollars, with a value loss of up to 50% due to some problems experienced in its network in the last two months. With the increase in demand for the crypto market, new developments in the PEPE network have helped the cryptocurrency perform well above the market average.

While the burning of 6.9 trillion tokens worth $5.5 million in the PEPE network coincided with the upward trend, this development contributed to a rapid trend reversal in crypto money. The Pepe team also recruited new experts to provide consultancy to the project after the trust in the network was shaken by unauthorized transfers in recent months. Thus, an important step was taken to compensate for the loss of trust in the network.

However, Blockchain data also reveals that the

rise in the PEPE token is supported by whales.

In the last case, PEPE regained most of the

losses in the August - September period and

rose to the $ 0.0000011 band, and the upward

trend in the cryptocurrency continues

$PEPE