Pepe Cryptocurrency Surges Over 16% in 24 Hours

John Darbie
Photo: Finoracle.net

Cryptocurrency Pepe Rises More Than 16% In 24 Hours

Pepe's (CRYPTO: PEPE) price has seen a significant increase, rising 16.83% in the past 24 hours to reach $0.000013. Over the last week, Pepe has experienced a notable uptick of over 16.0%, initially trading at $0.000010 and progressing to its current value.

Pepe's Price Movement and Volatility Analysis

The comparison chart below captures Pepe's price movement and volatility over the past 24 hours and the past week. The gray bands, referred to as Bollinger Bands, measure the volatility of the coin's price. The wider these bands are, the larger the volatility at any given moment.

  • 24-Hour Price Movement: A period marked by an uptick in Pepe's price and noticeable variations in volatility.
  • Weekly Price Movement: Showcasing steady growth in price with fluctuating volatility.

Analysis of Trading Volume and Circulating Supply

Despite the price increase, trading volume for Pepe has dropped 18.0% over the past week. On the other hand, the circulating supply of Pepe has grown by 0.33%, reaching over 420.69 trillion. This represents 100.0% of its max supply, which is also 420.69 trillion.

Market Cap Ranking

Currently, Pepe holds the #25 spot in terms of market cap, standing at $5.22 billion.

In summary, Pepe's recent performance showcases a substantial price increase, a slight decrease in trading volume, and a steady growth in circulating supply.

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John Darbie is a seasoned cryptocurrency analyst and writer with over 10 years of experience in the blockchain and digital assets industry. A graduate of MIT with a degree in Computer Science and Engineering, John specializes in blockchain technology, cryptocurrency markets, and decentralized finance (DeFi). His insights have been featured in leading publications such as CoinDesk, CryptoSlate, and Bitcoin Magazine. John’s articles are renowned for their thorough research, clear explanations, and practical insights, making them a reliable source of information for readers interested in cryptocurrency. He actively follows industry trends and developments, regularly participating in blockchain conferences and webinars. With a strong reputation for expertise, authoritativeness, and trustworthiness, John Darbie continues to provide high-quality content that helps individuals and businesses navigate the evolving world of digital assets.