June 22 (Cointime) - The cryptocurrency market has seen a resurgence, with a combined market capitalization of $1.18 trillion following a 3.85% surge in the past 24 hours. While Bitcoin and other altcoins have seen significant growth, meme coin PEPE has seen the most growth within its niche, with a 38.29% increase.

Despite experiencing extreme volatility, PEPE has gained positive sentiment from retail investors who have tracked its growth. However, it is unlikely that PEPE's growth will have a significant impact on other meme coins in the industry, as altcoins are generally more correlated with Bitcoin.