$PEPE
Observations and Inferences:
High Volatility: The chart indicates extreme price volatility, with sharp rises and falls. This is typical of meme coins like PEPE, which often experience speculative bubbles and subsequent crashes.
Price Decline: The overall trend seems to be downward, with the current price significantly lower than its peak.
Market Cap: Despite the price decline, the market cap remains relatively high, suggesting that a large number of tokens are still in circulation.
Circulating Supply: The vast circulating supply of PEPE tokens could contribute to its price volatility and susceptibility to market manipulation