PEPE Token Surges 5.32% Amid $740M Trading Volume Spike, Climbs Into Crypto Top 30

PEPEUSDT has experienced a notable price increase of 5.32% over the last 24 hours, rising from 0.00000958 to 0.00001009 on Binance. This upward movement is attributed to a surge in trading activity, with 24-hour volume reaching approximately $740.66 million—an 87% increase compared to the previous day. Despite recent bearish technical signals, including a breakdown below key moving averages and a majority of sellers controlling the order book, short-term bullish momentum has emerged, likely driven by increased market participation and a rebound from established support levels. PEPEUSDT is currently ranked in the top 30 cryptocurrencies by market capitalization, with a circulating supply of about 420.7 trillion tokens and a market cap near $4.27 billion.