Cryptocurrency Pepe Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Pepe (CRYPTO: PEPE) has experienced a 3.76% price drop in the past 24 hours, contrasting with its 2.0% gain over the past week. Trading volume has decreased by 30.0% while the circulating supply has slightly increased. Pepe's market cap is currently ranked #25 at $4.97 billion.
June 28, 2024 | 7:02 pm
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NEGATIVE IMPACT
Pepe (CRYPTO: PEPE) has seen a 3.76% price drop in the last 24 hours, despite a 2.0% gain over the past week. Trading volume has decreased by 30.0%, while the circulating supply has increased slightly. The market cap is currently ranked #25 at $4.97 billion.
The 3.76% price drop in the last 24 hours, combined with a significant 30.0% decrease in trading volume, suggests a bearish short-term outlook for Pepe. The slight increase in circulating supply does not offset the negative sentiment from the price drop and reduced trading activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100