Investors Boost Pepe Coin Activity

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Pepe, a meme coin, has seen a surge in trading activity and price fluctuations recently.

Despite a recent drop in its price, the trading volume for Pepe has risen significantly, reflecting heightened interest and activity among investors.

The focus now shifts to what levels investors should keep an eye on for Pepe’s price in the future.

What Drives PEPE Trading Volume?

At the start of May, Pepe was priced at $0.000008834 with a trading volume of $783.17 million.

By May 27, Pepe hit an all-time high and its price surged by 94% to $0.000015. However, shortly after peaking, its price fell by 12% to $0.0000147.

Interestingly, the trading volume saw a rapid increase, reaching $2.47 billion in the past 24 hours—a 216% jump since the beginning of the month.

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