PEPE Token Sees 3.93% Drop Amid $1B Trading Surge and Whale Moves, Holds Top 30 Rank

PEPEUSDT experienced a 3.93% price decline over the past 24 hours, with the current price at 0.00001027 USDT and a 24-hour trading volume exceeding $1 billion. The price drop is primarily attributed to recent large-scale profit-taking by major holders, including a transfer of 595.2 billion PEPE tokens to Binance, as well as broader market volatility seen across meme coins. Additional factors influencing sentiment include a 20% price decline over the past week, increased whale activity, and ongoing comparisons to other leading meme coins. Despite recent corrections, PEPE maintains a strong market position with a market cap over $4.2 billion and ranks #28 globally, reflecting continued high trading activity and community engagement.