Cryptocurrency Pepe's Price Increased More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Pepe (PEPE) saw a 5.03% price increase over the last 24 hours, contrasting with a 2.0% decrease over the past week. The trading volume has dropped by 55.0%, and the circulating supply decreased by 0.56% to 420.69 trillion, which is 100% of its max supply. Currently, PEPE's market cap ranks #43 at $3.42 billion.
March 28, 2024 | 3:03 pm
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Pepe (PEPE) experienced a 5.03% increase in price over the last 24 hours, despite a weekly decline of 2.0%. The trading volume has significantly decreased, and the circulating supply is now fully tapped.
The short-term price increase of Pepe (PEPE) despite a weekly decline indicates a potential rebound or market correction. The decrease in trading volume and the maxed-out circulating supply could lead to increased scarcity, potentially driving prices up further in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100