PEPE Price Plummets: Meme Coin Slump Sparks Buyer Support

Memecoin PEPE saw a sharp decline of nearly 2%, falling below $0.00000719, as the crypto market as a whole climbed slightly. While broader crypto markets gained around 0.5% on the CoinDesk 20 Index, memecoins like PEPE underperformed significantly. Trading volume surged by over 7.55% above average levels, indicating potential profit-taking rather than panic selling. However, a late-session boost in volume signaled increased support near the $0.0000072 mark.