PEPE is trading at $0.00001276, with a loss of over 15% in the last 24 hours.
The meme coin’s daily trading volume has surged by over 58%.
The trading day opened with the global crypto market cap sinking by over 5.19%, landing at $3.43 trillion. In parallel, the meme coin market cap fell to $101 billion, reflecting a 9.1% decline in the past 24 hours. PEPE, the third-largest meme coin, has suffered a loss of 15.09%.
The prolonged bearish wave in the market has brought in intense price volatility. The frog-themed meme coin has formed a daily low of $0.00001288 from the peak of $0.00001509. At the time of writing, the meme coin was trading at $0.00001276 with its market cap staying at $5.37 billion.
PEPE price chart (Source: CoinGecko)
Furthermore, during this timeframe, the market witnessed a $6.03 million PEPE liquidation. Consequently, the meme coin’s daily trading volume reached $895 million.
Contrarily, several whales have sold off large amounts of PEPE to
We współpracy z: https://thenewscrypto.com/pepe-struggles-to-find-support-as-losses-mount/