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Pepe Coin Price Analysis: 20% Correction Looms Amid Declining Volume

source-logo  coingape.com  + 1 more 28 May 2024 14:50, UTC
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Pepe Coin Price Analysis: The fourth week of May has been notably bullish for Pepe coin, which saw its price surge from $0.00009 to $0.000016, marking a 79% increase. This rally was primarily driven by the recent approval of spot Ethereum and Bitcoin nearing the $70,000 mark. However, this week, $PEPE’s recovery momentum has slowed, accompanied by decreasing trading volumes, indicating the potential onset of a new correction trend.

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