#pepe PEPE There was an increase in transaction volume
At the beginning of May, Pepe was trading at $0.000008834 with a trading volume of $783.17 million. On May 27, Pepe reached its all-time high, with its price rising 94% to $0.000015. However, shortly after reaching this peak, the price dropped by 12% to $0.0000147. Despite this decline, transaction volume increased rapidly, reaching $2.47 billion in the last 24 hours, an increase of 216% since the beginning of the month.
The sharp increase in trading volume right in the middle of the price decline showed that investors' interest in Pepe was high. There was a slight increase in Pepe's price by 0.47% last week. While some investors saw Pepe as a major influence on the meme coin market, others were cautious about sudden price movements.