💥PEPE trading volumes surge 3X from start of May just days after ATH

📈 Pepe Trading Volume Soars: Pepe's trading volume tripled since the start of the month, reaching $2.47 billion, a 216% increase. Despite falling 12% from its all-time high on May 27, Pepe remains a significant player in the meme coin market, now trading at $0.0000147.

💹 Pepe's Impact: On May 5, Pepe traded at $0.000008834 with a volume of $783.17 million. It gained 94% by May 27 before slipping. Some traders believe Pepe is leading the meme coin market, impacting others like Dogecoin and Shiba Inu.

📉 Meme Coin Declines: As Pepe's price fell, Dogecoin dropped 6.41% to $0.1604, and Shiba Inu decreased by 8% to $0.00002608. However, Pepe's decline has sparked increased trader interest, with a 26.38% rise in trading volume.

⚠️ Trader Warnings: Crypto trader Michael Pizzino warns that if Pepe fails to reach new highs in the next rally, it could be a warning sign. Despite recent declines, Pepe has surged 25,955% since its May 2023 launch and 1,042% this year.

🐋 Whale Activity: On May 30, a PEPE whale made nearly $5 million profit from the recent price spike, highlighting the volatility and profit opportunities in the Pepe market.