PEPE coin is popular, with a 24-hour trading volume of over 1.14 trillion!
PEPE, the frog emoji coin, has become active again in the cryptocurrency market, and it looks like it will rise again. In the past 24 hours, its trading volume has directly reached 1.14 trillion!
What happened to the price of PEPE?
CoinMarketCap data shows that the market trading volume of PEPE has increased by 19.74%, reaching 2.13 billion US dollars. Why has it risen so sharply? It's because investors and traders are busy building positions and waiting for the market to rebound.
Let's talk about the price. Now the trading price of PEPE is 0.00001868 US dollars, up 2.15%. Although the meme coin is trying to stabilize the price, this increase is not bad.
In the morning, the price of PEPE reached 0.00001941 US dollars, and then the market moved and it fluctuated slightly. However, the price of $0.0000185 is quite critical, and it has not fallen below it so far.
People in the market are saying that PEPE has made a big move this time. You see, it has fallen to $0.00001455 in the past seven days, and now it has recovered. If this momentum can be maintained, the future is promising.
Can PEPE continue to rise?
Analysts said that if you want PEPE to return to the high of $0.00002760 in December, the community must be strong. If the meme coin community is in high spirits, it may be able to push it to rebound.
You see, the billionaire Elon Musk, who likes emojis, recently cheered for PEPE. He posted an emoji on X, saying that some people on social media are paying attention to PEPE news and information.
Also, now that PEPE has started to recover, the movements of the "big whales" (large investors) in the community may determine the price trend
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