Key Points:
- PEPE has increased by 3% in the last 24 hours, fluctuating between $0.0000099035 and $0.0000102814.
- The trading volume reached 5.64 trillion tokens during its most active trading hour.
- Significant investments from large holders (whales) have surged by 1.75%, accumulating 303 trillion tokens, while supply on exchanges decreased by 2.9%.
Popular meme-based cryptocurrency PEPE has experienced a 3% increase over the past day, driven by heightened trading activity. The token’s price moved in a limited range, with spikes reaching up to $0.00001043. Although the fluctuations seem modest, a remarkable 5.64 trillion tokens were traded within an hour, reflecting considerable interest amidst the uncertainty in the market.
The recent activity largely reflects the behavior of whales, who have ramped up their PEPE holdings, suggesting demand is rising even as the supply decreases on traditional trading platforms. This trend indicates a potential bullish sentiment in the market areas.
PEPE’s price appears to stabilize above $0.000010200, with various spurts of trading pushing it higher. This recovery aligns with a broader upturn across the altcoin market, evidenced by the CoinDesk 20 index gaining 2.6% in the same timeframe, even as new tariffs from former President Donald Trump loom on the horizon.
