33.63 Trillion PEPE in 24 Hours, What's Happening?
Portfolio Pulse from
Pepe (PEPE) experienced a significant surge in trading activity, with 33.68 billion tokens changing hands in 24 hours, representing an 8.61% increase in open interest. The cryptocurrency saw a 4.71% price increase to $0.000007936, with trading volume spiking 31.70% to $627.65 million. Gate.io led the trading activity with 57.27% of open interest, while analysts remain cautiously optimistic about potential future momentum.
March 25, 2025 | 2:45 pm
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POSITIVE IMPACT
PEPE experienced a significant trading volume increase and price uptick, potentially signaling a shift from previous bearish market conditions. Exchanges like Gate.io, Bitget, and OKX showed substantial trading activity.
The substantial increase in trading volume, price movement, and open interest suggests renewed investor interest in PEPE. Despite previous 'death cross' pattern, current on-chain metrics indicate potential positive momentum.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100