๐จ PEPE Token Sees 5.93% Dip After 25% Rally ๐จ
PEPEUSDT has dropped by 5.93% over the past 24 hours, from $0.00001298 to $0.00001221 on Binance. ๐ This dip follows a 25% price surge earlier in the week, driven by a breakout from a falling wedge pattern. The decline is largely due to profit-taking, but the market remains active with strong interest.
Key Highlights:
๐ Volume: $4.7B in 24-hour trading, indicating high market interest.
๐ผ Market Cap: $5.12B, keeping PEPE among the top cryptos.
๐ Factors Affecting Price: Profit-taking, large investor accumulation, decreasing exchange reserves, and long-term holding by major investors.
๐ฎ Conclusion: Despite the pullback, PEPE still shows strong market interest and high trading volume, signaling potential for future growth once the profit-taking phase stabilizes. Investors should watch for further accumulation or another breakout. ๐
#PEPEโ #Crypto #Altcoins #Binance #BTCBreaksATH
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