As per Coindesk, PEPE, a meme-inspired cryptocurrency, fell nearly 2% in the past 24 hours, closing at $0.000007199, underperforming the broader crypto market and the memecoin sector. The CoinDesk 20 index rose 0.5%, while the CoinDesk Memecoin Index dropped 1.91%. Despite the decline, trading volume remained largely within normal levels, with a late-session spike to 4.53 trillion tokens, pushing the price briefly to $0.000007421. PEPE later reversed slightly, bouncing above $0.000007210, indicating potential buyer interest at lower levels.
PEPE Drops Nearly 2% Amid Memecoin Sector Decline, Late Bounce Suggests Buyer Support
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