CandleFocus

1.14 Trillion PEPE in 24 Hours, What's Happening?

PEPE, the meme coin, is experiencing a surge in activity and trading volume, indicating a potential bullish sentiment. The market volume of PEPE has increased by 19.74% to $2.13 billion, attracting investors and traders anticipating a market rally. The price of PEPE has also risen by 2.15% to $0.00001868, with the token maintaining stability above the crucial support level of $0.0000185. Despite experiencing a dip to $0.00001455 in the past week, PEPE has shown resilience and is retracing its steps. Analysts believe that strong community support and positive sentiment, such as that from Elon Musk, could fuel its rebound. The activity of whales in the community will also play a role in determining the price direction of PEPE.

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