PEPE Slides 8.5% After May Surge as Trading Volume Nears $930M and Profit-Taking Intensifies

PEPE is currently trading at $0.00001312 with a 24-hour trading volume near $929.7 million, a market capitalization of approximately $5.67 billion, and a circulating supply of about 420.69 trillion tokens; over the last 24 hours, the price has declined by 8.51% from an open of $0.00001434. The recent price decrease follows a period of heightened volatility and strong upward momentum driven by increased trading activity, significant token transfers to centralized exchanges by large holders, and ongoing speculative interest fueled by social media campaigns such as Binance Alpha 2.0’s PEPE rewards; the pullback appears to be a correction after sharp gains earlier in May, reflecting profit-taking and market adjustment amid continued high community engagement and trading volume.