PEPE Token Slides 7.89% Amid Profit-Taking, Maintains High Trading Volume and Meme Coin Dominance
PEPEUSDT experienced a -7.89% price decrease in the last 24 hours, attributed to profit-taking following recent bullish momentum and high volatility observed across the meme coin sector. While earlier gains were driven by increased trading activity, strong technical indicators, and positive sentiment linked to Bitcoin’s rally, recent consolidation below key resistance levels prompted short-term selling pressure.
Currently, PEPEUSDT is trading at $0.00000619 on Binance, with a 24-hour volume of approximately $1.11–$1.24 billion and a market capitalization of around $2.63 billion. The asset remains highly active and among top-performing meme coins, reflecting ongoing investor interest and market dynamism.