Cryptocurrency Pepe Down More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Pepe (CRYPTO: PEPE) has experienced a 5.41% decrease in price over the last 24 hours, marking a continuation of its downward trend with a total decline of 9.0% over the past week. The trading volume for Pepe has increased by 1.0% in the same period, while its circulating supply also rose by 0.61% to 420.69 trillion, which is the total max supply. Currently, Pepe's market cap ranks #47 at $2.89 billion.
April 03, 2024 | 7:00 pm
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Pepe (CRYPTO: PEPE) has seen a 5.41% decrease in its price over the last 24 hours, with a total weekly decline of 9.0%. The trading volume and circulating supply have slightly increased.
The significant price decrease of Pepe over the past 24 hours and the past week indicates a bearish trend for the cryptocurrency. Despite the slight increase in trading volume and circulating supply, the overall downward movement in price suggests a negative short-term impact on PEPEUSD. The market cap ranking and the fact that the circulating supply has reached its max limit are also critical factors to consider for potential investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100