PEPE meme coin price fell 16% to $0.000007032 amidst a $500bn drop in crypto market cap.

PEPE meme coin price fell 16% to $0.000007032 amidst a $500bn drop in crypto market cap, resulting in a 80% rise in trading volume to $1.9bn. PEPE is trading below its 50-day & 200-day Simple Moving Averages, with the Relative Strength Index signaling further price retraction or potential boost to $0.000010522. Meanwhile, Pepe Unchained (PEPU) has raised $7.3m in presale, aiming to address the issues of its predecessor, PEPE. The meme coin market is in correction phase due to global market crash, affecting coins like Dogecoin and Shiba Inu. Billionaire Pepe, a Solana-based meme coin, rallied over 17,000% in a day.

August 05, 2024
3 Articles