PEPE Token Faces 2.42% Drop Amid $1B Trading Surge and Market Uncertainty on Binance

PEPEUSDT experienced a 2.42% price decline over the past 24 hours, with the current price at $0.00000887 on Binance, attributed to ongoing bearish sentiment in the broader cryptocurrency market and recent volatility following an 18% price drop earlier in the week. Contributing factors include overall market uncertainty and increased selling pressure, despite high trading activity and continued social media attention. Trading volume remains robust at approximately $1 billion in the last 24 hours, and market capitalization stands at $3.71 billion, positioning PEPE among the leading meme coins. The asset continues to face downward pressure, with technical indicators reflecting weak momentum and key support levels being tested.