Pepecoin (PEPE) Price Defies Market Downturn, Hits New All-Time High

Pepecoin (PEPE) Defies Market Downturn, Reaches New All-Time High

Amidst a broader market downturn, Pepe Coin has emerged as a beacon of resilience, defying expectations and hitting a new all-time high (ATH).

On-chain data reveals substantial movement of PEPE by smart money addresses over the past 24 hours. Approximately 250.5 billion PEPE has been transacted, fueling speculation about its potential for further gains.

One smart money address, 0x37..., acquired a significant 406.74 million PEPE from Binance, while another, 0x647..., sold a staggering 250 billion PEPE to the same exchange.

This activity has contributed to a surge in Pepe's price, which has rallied by over 19% in the past 24 hours. It is currently trading at $0.00001081.