PEPE Plunges 5% on Volume Spike, but Whale Wallets Are Accumulating
Main Idea
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Description
PEPE fell more than 5% in the last 24-hour period, dropping from a session high near $0.000014167 to a low of $0.000012915, before seeing a slight recovering. Trading volume reached 13.02 trillion tokens an hour during the sell-off, more than four times the session average of 3.2 trillion, according to CoinDesk Research's technical analysis data model. Despite the selloff, several market indicators suggest deeper investor interest. Google search queries for PEPE jumped on July 22, peaking shortl...
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