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PEPE Surges 6% as Traders Hold the Line—Memecoin Index Jumps 7% in Defiant Rally

PEPE Surges 6% as Traders Hold the Line—Memecoin Index Jumps 7% in Defiant Rally

Author:
Coindesk
Published:
2025-07-16 11:39:42
19
2

PEPE Climbs 6% as Traders Defend Key Levels, Memecoin Index Gains 7%

Frogs fly as PEPE defies gravity—traders dig in to defend crucial support levels while the memecoin sector collectively moons.

Not just a fluke: The memecoin index rockets 7% as degenerate capital rotates back into risk-on assets. Guess those 'utility' narratives can wait.

Behind the pump: Retail FOMO meets coordinated defense at key psychological levels. No whales were harmed in the making of this rally (probably).

Closing thought: Nothing solves crypto's existential questions like green candles and hopium. Wall Street still doesn't get it—their loss.

|Square

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