Cryptocurrency Pepe Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Pepe (CRYPTO: PEPE) has seen a price decrease of 4.98% in the past 24 hours, continuing a week-long downward trend of 7.0%. Trading volume has dropped by 49.0% over the past week, while the circulating supply has increased by 0.48%. The current market cap ranking for PEPE is #25 at $4.75 billion.
July 30, 2024 | 7:02 pm
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Pepe (CRYPTO: PEPE) has experienced a 4.98% price drop in the last 24 hours, continuing a week-long decline of 7.0%. Trading volume has decreased by 49.0% over the past week, while the circulating supply has increased by 0.48%. The current market cap is $4.75 billion, ranking it #25.
The significant price drop and decrease in trading volume indicate a bearish trend for Pepe (CRYPTO: PEPE). The increase in circulating supply adds to the downward pressure on the price. These factors combined suggest a likely short-term decline in the asset's value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100