PEPE Faces 5% Drop Amid Market Turbulence, $1.49B Volume, and Robinhood Listing Impact

PEPE is currently trading at $0.00001381 on Binance, down 5.35% in the past 24 hours, with a market cap near $5.67 billion and 24-hour trading volume of approximately $1.49 billion, reflecting a significant decrease in activity and a price range between $0.000012 and $0.000015. The recent price decline is primarily attributed to broader crypto market turbulence, resulting in substantial outflows from PEPE and increased selling pressure as more tokens move onto exchanges, alongside declining holdings by large investors; however, ongoing interest persists due to technical patterns and recent listings, such as PEPE’s addition to Robinhood and a South Asia-focused Binance promotion.