Cryptocurrency Pepe Up More Than 6% In 24 hours
Portfolio Pulse from Benzinga Insights
Pepe (CRYPTO: PEPE) has seen a 6.51% price increase in the past 24 hours, continuing its positive trend with an 8.0% gain over the past week. Despite the price rise, trading volume has decreased by 17.0%, and the circulating supply has increased slightly. Pepe's market cap is currently ranked #21 at $5.46 billion.
July 24, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Pepe (CRYPTO: PEPE) has experienced a 6.51% price increase in the past 24 hours and an 8.0% gain over the past week. Despite the price rise, trading volume has decreased by 17.0%, and the circulating supply has increased slightly. Pepe's market cap is currently ranked #21 at $5.46 billion.
The price increase of 6.51% in the past 24 hours and 8.0% over the past week indicates positive momentum for Pepe. However, the decrease in trading volume by 17.0% suggests that the price rise may not be supported by strong trading activity. The slight increase in circulating supply is a minor factor. Overall, the short-term impact is likely positive due to the price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100