Why is Meme Coin PEPE Price Up 50% This Week?

The popular meme cryptocurrency PEPE has seen a massive surge in price over the past week, rallying an impressive 50% and pushing its market capitalization to around $3.2 billion. As of today, PEPE is trading at approximately $0.0000077 per token after hitting an all-time high of around $0.00001 back in mid-March. This latest bull run