PEPE Token Dips 2.76% Amid Surging Binance Volume and Social Buzz from Musk America Party

PEPEUSDT experienced a 2.76% price decline over the past 24 hours, with the current price at 0.00000988 USDT on Binance. The decrease in price follows a period of heightened trading activity, largely attributed to increased social media attention surrounding the 'Musk America Party' trend and discussions involving Elon Musk, which drove trading volumes higher. Technical indicators such as an elevated RSI of 83.2 reflect this surge in activity, while recent mixed technical analyses contributed to market uncertainty, with some traders identifying bearish signals like failure to hold above key moving averages and others noting potential bullish reversals. The 24-hour trading volume on Binance reached 129.47 million USDT, with the broader market for PEPEUSDT remaining highly volatile and the token’s market capitalization at approximately $4.27 billion.