PEPE Token Surges 7.34% on Binance Amid Dormant Wallet Moves and $313M Volume Spike

PEPEUSDT has risen 7.34% in the last 24 hours, now trading at $0.00000395 on Binance, with a significant increase in trading volume. The price change is attributed to heightened on-chain activity, including the reactivation of a dormant wallet and the withdrawal of 2.21 trillion PEPE, as well as substantial selling by a large holder, which contributed to market liquidity and redistribution. Community speculation around potential development milestones and increased whale wallet activity also fueled demand, coinciding with broader meme coin interest as major cryptocurrencies remain flat. Despite the recent price recovery, PEPE remains well below its all-time high, with market capitalization between $1.57 billion and $1.66 billion and 24-hour trading volume exceeding $313 million.