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PEPE, the frog-themed meme coin, has surged 27% in a week, sparking speculation it could overtake SHIB as the second-largest meme cryptocurrency. Analysts highlight bullish technical patterns and whale activity as key drivers behind its recent rally.
- PEPE's market cap hits $5.5B, now the third-largest meme coin behind SHIB and DOGE.
- Whale activity and bullish technical patterns suggest further price appreciation.
- RSI near 70 indicates potential overbought conditions, hinting at a short-term correction.
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