Has a $1 Target Actually Happened? PEPE Price Soars 5% on $900 Million in Inflows

As trading volumes increase and cryptocurrency markets rise generally, the price of Pepe (PEPE) has fallen 5% in the last 24 hours, according to CoinMarketCap.

Traders have poured roughly $800 million into the PEPE market today, driving the price to little under $0.0000078.

However, this in no way indicates that the bulls have taken over the market again.

At $0.0000084, the 200-day moving average (DMA), the Pepe price rejected resistance earlier in the day on Tuesday.

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