PEPE trades at $0.00001048 after posting a loss of over 8%.
Its daily trading volume has surged by over 66%.
The crypto market cap has reached $3.3 trillion after a loss of over 1.24%, with the fear and greed index value sitting at 53, displaying neutral sentiment in the market. Notably, the meme coin market cap has lost over 2.8%, at $59.3 billion. All the major assets are priced in red, losing their recent gains.
After an 8.04% drop, the frog-themed meme coin, PEPE, chose a bearish rally for the day. The meme coin opened the day trading at a daily high of $0.00001154, and eventually, the wave of bears pushed the asset to a low of around the $0.00001029 level.
At press time, the meme coin traded within the $0.00001048 range, and its market cap is likely settled at $4.41 billion. Furthermore, PEPE’s daily trading volume has increased by over 66.20%, reaching $1.2 billion. As per Coinglass data, over $2.93 million worth of PEPE was liquidated in the market in the las
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