Cryptocurrency Pepe Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Pepe (CRYPTO: PEPE) has experienced a 3.53% price drop in the past 24 hours, contrasting with its 4.0% gain over the past week. Trading volume has decreased by 55.0%, while the circulating supply has increased slightly. Pepe's market cap is currently ranked #27 at $3.40 billion.
August 13, 2024 | 3:02 pm
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NEGATIVE IMPACT
Pepe (CRYPTO: PEPE) has seen a 3.53% price drop in the last 24 hours, despite a 4.0% gain over the past week. Trading volume has decreased by 55.0%, and the circulating supply has increased slightly. The market cap is currently $3.40 billion, ranking #27.
The 3.53% price drop in the last 24 hours, combined with a significant decrease in trading volume (55.0%), suggests a short-term negative impact on Pepe's price. The slight increase in circulating supply also adds to the downward pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100