#USBitcoinReserves

PEPE Crashes 67%, Is Rebound on Horizon?

The crypto market has been hit with a major sell-off, and meme coins are feeling the heat. Frog-themed meme cryptocurrency PEPE has declined over 26% in the last 24 hours, bringing its overall decrease to a shocking 67% from its all-time high of $0.000028 reached last December. At the time of writing, PEPE had slightly pared its losses, down 20% to $0.00000967. Despite the sharp drop, PEPE's trading volume has increased by 237%, surpassing $3.26 billion in the last day. This spike in trading activity suggests that traders might be repositioning, which could indicate a shift in momentum.