PEPE Soars with 50% Gain in 30 Days: Key Insights
PEPE has exhibited remarkable growth, surging 6.47% in the last 24 hours and an impressive 51.28% over the past month.
Trading Dynamics
PEPE's trading volume jumped by 20.78% to $1.65 billion, fueled by significant activity on OKX and Bitget exchanges.
Market Sentiment
Open interest in PEPE increased by 4.06% to $140.63 million, indicating heightened market speculation and increased participation.
Price Momentum
PEPE's current trading price at $0.00001314 represents a 6.47% gain over the last day. The sustained uptrend has driven PEPE's 51.28% price surge in the past 30 days.
Defying Market Trends
PEPE has bucked the bearish overall market sentiment influenced by upcoming events and economic reports. The meme coin's resilience is supported by its surging trading volume and increased open interest.
Reasons for Rally
Analysts attribute PEPE's rally to speculative trading, community engagement, and strategic investments in anticipation of market movements.
Future Outlook
The bullish sentiment surrounding PEPE is expected to continue if the broader market stabilizes following upcoming economic reports and meetings.