PEPE (PEPE) trading volume skyrocketed 283% in 24 hours, exceeding $1 billion.
The memecoin’s price increased by 20-30%, ranging from $0.0000047 to $0.0000049.
This outpaced broader market segments as speculative capital shifted into high-risk assets.
Data from CoinGecko and CoinMarketCap confirmed the volume surge with renewed retail participation.
Whale accumulation and rising open interest occurred alongside the price increase.
Memecoins outperformed Layer-1 tokens with Bitcoin stabilizing, allowing risk appetite to flow toward volatile plays.
High turnover often precedes volatility in memecoins.
Layer-1 weakness suggests limited institutional pull.
PEPE Volume Explodes 283%: Memecoin Rally Ignites February 2026
