PEPE Slips 2% as Memecoins Lag, Late Rebound Signals Buyer Interest
Meme token PEPE declined nearly 2% in the past 24 hours to $0.000007199, trailing both the broader crypto market and other memecoins.
The CoinDesk 20 Index gained 0.5%, while the Memecoin Index fell 1.9%, underscoring weakness across speculative assets.
Trading volume rose only 7.55% above the weekly average, implying routine profit-taking rather than major sentiment shifts.
After spending most of the session in a tight range, a late surge in trading to 4.53 trillion tokens briefly pushed PEPE up to $0.000007421 before easing back.
The bounce from an intraday low of $0.000007184 to above $0.000007210 suggests buyers are quietly stepping in, though the trend remains cautious.
PEPE Declines Nearly 2% Before Late Bounce Suggests Renewed Buyer Confidence Across Memecoins
