Pepe (PEPE), the widely embraced frog-themed meme coin, has showcased an impressive surge, reaching new all-time highs (ATHs) and extending its bullish streak. Over the past few days, Pepe's price has experienced notable spikes, with a remarkable increase of over 10%. In the last 24 hours alone, Pepe's price soared by more than 10% to $0.00001577, marking yet another ATH and maintaining its robust performance streak over the past three months.

Despite some profit-taking by sellers, Pepe's price remained elevated at $0.00001501, reflecting a substantial 6.64% increase compared to its level just 24 hours prior. Data from CoinGecko reveals that Pepe has made significant strides, climbing by 55.8% over the past week and an astounding 98.8% in the last month. This surge has reinstated Pepe's position as the third-largest meme coin by market capitalization, surpassing Dogwifhat (WIF).

Interestingly, Pepe's price surge coincided with a reversal in its 24-hour trading volume, which experienced a 36.90% decrease from the previous day, standing at $1.469 billion. Despite this dip, Pepe remained one of the most traded crypto assets in the past 24 hours, trailing only BNB Coin (BNB), Bitcoin (BTC), and Ethereum (ETH) in trading volume on Binance.

Pepe continues to dominate as the top-traded meme coin, overshadowing competitors like Shiba Inu (SHIB), Floki (FLOKI), and Dogecoin (DOGE). While only SHIB, WIF, and Bonk (BONK) recorded gains in the last 24 hours, with SHIB showing a modest increase of 1.08%, Bonk with a slight gain of 0.30%, and WIF surging by 3.30% to trade at $2.95.

Over the past seven days, several meme coins have exhibited healthier gains, with DOGE increasing by 8.71%, WIF and BONK rising by 16.39% and 46.78% respectively, and Floki recording a 12.67% uptick. However, in the last 24 hours, Floki experienced a slight decline of 0.36% in its overall value.

Among the top performers in the meme coin market in the last 24 hours were lower-capped coins such as Samoyed (SAMO), Cheems (CHEEMS), and catwifhat (CWIF). According to data from CoinMarketCap, Samoyed closed the day with an impressive 44.71% uptick in its price, while CHEEMS gained 33.85%, and CWIF increased by 30.09% to trade at $0.000001321.