Pepe Cryptocurrency Sees Notable 4% Price Surge in Just 24 Hours
Pepe Cryptocurrency Experiences Remarkable Price Increase
In a significant move, the price of Pepe has surged by 4.13% in the last 24 hours, reaching the impressive figure of $0.0000084. This upward trend continues from a solid week where the cryptocurrency recorded an 11.0% rise, climbing from $0.0000076 to its current value. Observers note that this momentum could indicate growing interest within the marketplace.
Price Movements and Market Dynamics
When analyzing Pepe's price movements, the data indicates marked volatility. This could be visually represented by price charts displaying its fluctuations over both daily and weekly periods. The charts utilize Bollinger Bands, which serve as a technical analysis tool to measure volatility. A wider band insinuates greater price fluctuations, which traders often interpret as risk or opportunity.
Trading Volume Insights
A closer look at trading activity reveals that volume for Pepe has increased by a striking 53.0% throughout the week. This surge in trading volume presents a contrast to the circulating supply, which has seen a slight decrease of 0.69%. Currently, the circulating supply stands at 420.69 trillion, amounting to 100.0% of its maximum supply, indicating full utilization of what is available in the market.
Market Capitalization Ranking
As per recent insights, Pepe currently occupies the #33 position regarding market capitalization, boasting an estimated valuation of $3.55 billion. This ranking underscores the coin's presence and significance in the ever-evolving cryptocurrency landscape.
Conclusion and Looking Forward
The recent developments surrounding Pepe suggest an ongoing positive momentum. Investors and traders appear eager to watch how these dynamics will unfold in the coming days and weeks. With its stable market cap ranking and increasing trading volume, Pepe is certainly capturing the attention of the cryptocurrency community.
Frequently Asked Questions
What recent price change did Pepe experience?
Pepe saw an increase of 4.13%, rising to $0.0000084 over the last 24 hours.
How has the trading volume changed for Pepe?
The trading volume for Pepe has increased by 53.0% in the past week.
What is the current circulating supply of Pepe?
The current circulating supply of Pepe is 420.69 trillion, which constitutes its maximum supply.
Where does Pepe rank in terms of market capitalization?
Pepe is ranked #33 in market capitalization, with an estimated value of $3.55 billion.
What tools are used to measure Pepe's volatility?
Bollinger Bands are utilized to measure the volatility of Pepe's price movements.
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