Yesterday, PEPE price saw a 6.06% rise to trade at $0.0000124. The token's 24-hour low was recorded at $0.00001157.
In conjunction with the price rise, Coinglass data shows a bullish market trend for PEPE coin, as the volume of OI futures and its derivatives noticed gains. PEPE futures jumped 3.63% to $130.59 million. While volume increased by 2.26% to $1.86 billion. This contrasts with the market sentiment generated with massive whale transfers.
In addition, the RSI undermined whale trades, settling at 52, indicating the broader neutrality of the asset.
At the same time, a popular cryptocurrency market enthusiast named "Elja" recently took to X saying: "PEPE is ready for the next stage. Did you buy the bottom?" More optimism is coming for the meme coin.
#Megadrop #ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS
