BREAKING: Pepe (PEPE), the frog-themed memecoin, has exploded 28.9% in the past 24 hours, reaching $0.00000487 as of February 15, 2026, according to live market data.
The dramatic price surge has pushed PEPE’s market capitalization to $2.04 billion, adding $447 million in market value within a single day. The token now ranks #41 among all cryptocurrencies by market cap.
Trading Volume Surges Past $900 Million
The rally comes with significant trading activity, with 24-hour volume reaching $905.78 million. This represents substantial liquidity as traders react to the price movement. PEPE touched an intraday high of $0.00000499 before consolidating to current levels, while the 24-hour low sat at $0.00000377.
Weekly Performance Shows Momentum Building
The current surge extends PEPE’s 7-day gains to 26%, indicating sustained buying pressure throughout the week. However, the token remains down 17.6% over the 30-day period, suggesting this rally may represent a recovery from recent losses rather than new all-time territory.
Distance from All-Time High
Despite today’s impressive gains, PEPE remains 82.6% below its all-time high of $0.00002803, reached on December 9, 2024. The current price represents an 8,727% increase from its all-time low of $0.000000055142 recorded on April 18, 2023.
Market Context
The surge in PEPE comes amid renewed interest in memecoin assets in early 2026. With 420.69 trillion tokens in circulation representing the entire max supply, PEPE’s fully diluted valuation matches its current market cap at $2.04 billion.
The last hour has seen a slight pullback of 0.55%, suggesting some profit-taking after the rapid ascent. Traders should note the high volatility typical of memecoin assets, where double-digit percentage moves can occur rapidly in both directions.
What This Means for Traders
The 28.9% surge with nearly $1 billion in trading volume indicates strong market participation. However, memecoin investments carry significant risk, and price movements of this magnitude often attract both momentum traders and profit-takers.
Market participants should monitor volume trends and support levels closely, particularly around the $0.00000377 24-hour low, which may serve as near-term support if the rally stalls.
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About the Author: Ananya Melhotra
