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Fortune
Fortune
Marco Quiroz-Gutierrez

Bitcoin’s jump above $30,000 helps fuel memecoin rally led by Pepe coin

(Credit: Photo Illustration by Fortune)

Bitcoin hit its highest peak since April on Wednesday, and memecoins have come along for the ride.

Over the last 24 hours, as Bitcoin hovers near $30,200, Pepe coin is up more than 50%, while Dogecoin and Shiba Inu are up 4.3% and 9.6%, respectively, according to CoinMarketCap. And over the last seven days, those three are up 90%, 8%, and 21%.

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