Pepe Coin's Surge Halts, but Future Remains Uncertain
Pepe Coin experienced remarkable growth in May, with frequent gains. However, the surge has paused recently, resulting in a price decline over the past few days.
In March, Pepe Coin exhibited similar bullish behavior, but the rally was short-lived. This time, the surge persisted for weeks, setting an all-time high of $0.00001718.
Currently, Pepe Coin's price rests at $0.0000144 after a recent 5% drop. It has retreated 16% from its all-time high.
Is the Rally Over?
The technical indicators for Pepe Coin provide conflicting signals. While the price has declined, the 24-hour trading volume remains elevated. Normally around $800 million, it currently stands at $1.48 billion, indicating continued interest in the meme coin.