PEPE liquidation storm and rebound outlook

Huge liquidation shocked the market: 247 billion PEPE disappeared in an instant

The latest market report reveals a liquidation storm for the PEPE token. During the recent 24-hour window, the total liquidation in the PEPE market soared to an astonishing level of US$2.33 million. Behind this figure was the withdrawal of US$1.32 million by the bull camp and the profit-taking of US$1.01 million by the short side. More than 247 billion PEPE tokens have been circulated.

Although market fluctuations are common, the scale of PEPE's liquidation is so huge that it has surpassed popular competitors such as SHIB and DOGE, demonstrating its unique position in the minds of investors and its increasing market attention.

Slight rise in prices cannot hide trading weakness

Currently, the trading price of PEPE tokens is fixed at $0.000009137, a slight increase of 0.14% compared to the previous trading day, revealing a sign of market recovery. However, the significant decline in transaction volume has cast a shadow on this optimism - transaction volume plummeted by more than 36%, leaving only $606.9 million, showing a significant decline in market vitality.

Although the recent good news about new listings has prompted a 109% surge in activity by some large investors (commonly known as "whales"), PEPE's overall performance still shows a complicated trend: the weekly increase is as high as 26.36%, while the monthly decline is as deep as 23.33%.

PEPE in a competitive situation: challenges and opportunities coexist

As a powerful challenger to established rivals such as SHIB and DOGE, PEPE has firmly established itself as the 15th largest trading token in the cryptocurrency market. Faced with market uncertainty, the future direction of PEPE has become the focus of much attention. Investors are generally optimistic about PEPE's short-term rebound, hoping that it can break through the current price in the near future, and may even erase one digit after the decimal point and achieve a leap in value.

In this game full of variables, whether PEPE can seize the opportunity and make a comeback will undoubtedly become a highlight of the cryptocurrency market.

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