PEPE Drops 13.94% Amid Profit-Taking Despite $1.2B Volume and Strong Meme Coin Sentiment

PEPE is currently trading at $0.00001167 on Binance, reflecting a 13.94% decline over the past 24 hours, with a 24-hour opening price of $0.00001356 and trading volume exceeding $1.2 billion. The sharp price drop follows a period of heightened volatility driven by significant social media attention, including a recent surge after a post by former U.S. President Donald Trump and increased whale accumulation, but the latest correction appears linked to profit-taking and market retracement after the earlier rally, despite continued high trading activity and strong meme coin sector sentiment.