$PEPE has shown signs of recovery during a difficult period for cryptocurrencies. As Bitcoin fell 24% from its mid-March peak, Pepe also felt the impact, falling to $0.0000090 from $0.000009249 just last Sunday, a 10% loss in one day. Pepe's decline became more pronounced over the week at 28%, and it is down 35% this month, with a drop of 50% from its all-time high on May 27th.

Despite this, Pepe's trading volume has increased by 16% in the last 24 hours, reaching $786 million and making it the most traded memecoin to date. This activity, coupled with significant whale purchases, suggests a potentially promising future for Pepe.

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