PEPE Experiences $25.2M Sell-Off and 54% Volume Decrease

PEPE is currently trading at $0.00001301, with a 24-hour trading volume of approximately $599 million and a market capitalization near $2.83 billion, reflecting a 6.54% price decrease over the past 24 hours. This recent price dip is attributed to a combination of profit-taking by large holders, such as the reported $25.2 million position closure, and broader market volatility, as evidenced by a $620 million reduction in market value and a 54% drop in trading volume. Despite these declines, PEPE maintains a strong holder base and ongoing community interest, supported by its deflationary tokenomics and continued analyst attention regarding its potential for future rallies.