Why Did Pepe Leapfrog 10% Higher Today?

With a still-ugly one-year chart (down nearly 50% over this time frame), meme coin Pepe (CRYPTO: PEPE) is making back some lost ground today. Shares of the popular meme cryptocurrency have surged 10.8% over the past 24 hours (as of 3:45 p.m. ET), suggesting that risk-on sentiment could be coming back-at least in the short-term. Of course, the question many retail investors are asking is how long this momentum can continue. After all, the momentum has been one-sided for most of the past few months, with s ...