PEPE Sees $1.24B Volume Surge Amid Whale Accumulation and Market Pullback After May Rally

Pepe Coin (PEPE) is currently trading at $0.00001378 on Binance, with a 24-hour trading volume of approximately $1.24 billion and a market capitalization near $5.84 billion; the price has declined by 2.55% over the past 24 hours. The recent price decrease follows a sharp but brief dip observed on May 27, 2025, despite ongoing bullish sentiment and high open interest, as well as continued whale accumulation evidenced by a 2 trillion PEPE transfer from Bybit to an anonymous wallet. Promotional campaigns, including Binance’s Alpha 2.0 rewards and trading incentives, have contributed to increased user engagement, but the overall market has experienced a modest pullback after a period of strong gains and heightened trading activity.