Meme Coins: Reasons Pepe Coin Outpacing Dogecoin, Shiba Inu In June

The cryptocurrency market is attempting a recovery on Wednesday after a week of persistent sell-side pressure that left investors counting hefty losses. CoinGecko data shows a 1.2% increase in the cumulative market cap to $2.487 trillion, reflecting small increases in crypto prices. Select meme coins seem to be at the forefront of the recovery, with Pepe Coin rebounding more than others.