33.63 Trillion PEPE Traded in 24 Hours – What’s Next?
PEPE has seen massive trading activity, with 33.68 trillion tokens exchanged. Open interest surged 8.61% in 24 hours.
The frog-themed meme coin recorded $274.69 million in trading volume. Investors are showing renewed interest amid market volatility.
PEPE’s price rose 4.71% to $0.000007936. Trading volume jumped 31.70%, reaching $627.65 million.
Where Is the PEPE Trading Boom Coming From?
Gate.io led with 57.27% of open interest—19.90 trillion PEPE ($157.32M). Bitget followed with 8.12 trillion ($64.31M).
OKX accounted for 13.2% of trades—4.58 trillion PEPE ($36.26M). The surge suggests strong market participation.
Can PEPE Sustain Its Rally?
PEPE recently faced bearish pressure, causing losses for traders. Now, a bullish reversal is gaining momentum.
Analysts previously predicted PEPE could erase a zero. The current uptick may signal a bigger breakout ahead.
However, a “death cross” pattern still threatens PEPE’s recovery. This technical signal warns of possible further declines.
If buying pressure continues, PEPE could defy bearish trends. Traders are watching closely for the next big move.
Stay updated as PEPE’s market action unfolds. Will the meme coin keep rising or face another drop?
