- PEPE ignites a 31% rally in 24 hours with a strategic token burn, now trading at $0.000001216, signalling bullish sentiment.
- PEPE’s market cap and trading volume surged by 31.39% and 87.94%, reflecting growing demand and potential for further gains.
- Anonymous Whale’s $1.42 million PEPE token acquisition adds intrigue to the meme coin’s journey.
In the last 24 hours, Pepe Coin (PEPE) has experienced a significant surge, registering a 31% increase following the burning of a massive 6.9 trillion tokens. This strategic move, a practice meant to create scarcity and value, has ignited investor interest, catapulting the meme coin to a two-month high.
With bulls having the upper hand, PEPE has swayed between resistance and support levels of $0.000001263 and $0.0000009187, respectively. At press time, PEPE was trading at $0.000001216, showing signs of consolidation after the initial surge. This price level indicates a strong bullish sentiment among investors, who are optimistic about the prospects of Pepe Coin.
PEPE/USD 24-hour price chart (source: CoinStats)
Consequently, PEPE’s market capitalization and 24-hour trading volume surged by 31.39% and 87.94%, respec…
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