The crypto market experienced a surge in buying pressure after Bitcoin's surge to $98,616, with the altcoin market showing signs of recovery. The Pepe coin price broke out from a two-week correction following its listing on Bitstamp, currently trading at $0.00002 with a 9% gain. Bitstamp's listing of Pepe and Solana in the United States expands accessibility for US investors and could drive increased trading activity and market adoption. The Pepe coin price could gain momentum and lead a sustained rally entering December. The recent recovery trend in the cryptocurrency market, driven by Bitcoin's rebound, has also benefited meme cryptocurrencies. The Pepe coin price saw a 19.5% jump and broke out from a flag pattern following Bitstamp's listing. The chart setup indicates a potential rally, with a bullish crossover between the 20-and-50-day EMA supporting this thesis. If the pattern holds, the Pepe price could target the $0.00035 level, representing a 70% rally.



Other News from Today