Rising star meme coin 'MPEPE' gains up to 271% in this bear market...

Solana-based "meme coin" MPEPE (MPEPE) has caught the attention of investors, surging 148% overnight after a six-day market downturn. The market downturn that began on May 5, with leading meme coins such as Shibainu (SHIB) and Dogecoin (DOGE) underperforming, led to MPEPE's surge on June 6. At $0.0000085 at 1 a.m. on the 6th, Empepe began its surge, and then surged further at 12 p.m., reaching a peak of around $0.00001847 at 1 p.m. That's an instantaneous gain of about 217%. After a brief correction following the surge, Empepe was trading at around $0.00001260 on CoinMarketCap at 9:30am on July 7th.

The surge, which came on the heels of a market downturn, prompted the crypto community to keep an eye on Empepe. The bull market in digital assets since last winter has seen a number of new meme coins, including PEPE, Dogwhistle (WIF), FLOKI, and BONK, explode in value and become major players in the bull market.
"Empepe will challenge Sibainu and Dogecoin with its DeFi capabilities and practical utility," wrote Bitcoinist.