Frog-themed cryptocurrency Pepe (CRYPTO: PEPE) led Sunday’s memecoin rally amid a broad market rebound.

‘Exciting’ Unlock For Square Sellers

The Ethereum (CRYPTO: ETH)-based token spiked nearly 7%, claiming the top spot among large-cap meme coins over the past 24 hours. PEPE’s trading volume surged 57% to $328 million over the last 24 hours, signaling high buying pressure.

Shiba Inu (CRYPTO: SHIB), another meme heavyweight, piled on the momentum with a 3.78% spike over the past 24 hours.

The overall memecoin market capitalization rose 1.98% in the last 24 hours to $31.88 billion, although total volumes declined by 9.87%.

More than $6 billion in investor wealth has been wiped…

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