Is the PEPE Craze Over? Look Which Cryptocurrency Surpassed PEPE! How Many Dollars Is PEPE?
After all the ATH movements, Pepe experienced a 15% decrease in the last few days, and as a result, the meme coin fell out of the top 20 again. What left it behind was Litecoin (LTC). So, what is the latest situation in PEPE?
PEPE Ends Its Latest Bull Run With a 15% Drop
PEPE was having an excellent month of May as its price was on a steep upward trajectory, but the asset experienced a decline in these last few days of the month. The chart below shows what memecoin's performance has looked like over the past month.
PEPE went through a period of trading at $0.0000061 throughout May and hosted a major rally in the early days of this week, with the price rising above the $0.0000170 level.
However, following the peak performance seen on Monday, the meme coin has experienced a noticeable decline. As of press time, PEPE is trading at $0.00001451, following a 4.23% decline in the last 24 hours, which is approximately a 15% decline from its peak. PEPE's 24-hour transaction volume increased by over 20% and reached 2.475 billion dollars.
Early last day, it looked even worse for PEPE investors as its price dropped below $0.0000132. The asset has rebounded since that low, but it is unclear whether this recovery will continue.
Following the recent rise, PEPE had made its name among the top 20 cryptocurrencies in terms of volume. Today, after a 4% decrease, the volume decreased to 6 billion dollars and lost its place to Litecoin. As a result, PEPE was positioned as 21st again$SOL #StartInvestingInCrypto #btc #btc 541212169 46$USDC