PEPE Falls 7% as Trading Volume Hits 2.29 Trillion Tokens

PEPE’s price dropped 19% this week to around $0.0000075 after an early-week rebound, reflecting cooling momentum as traders consolidate positions in a tightening range.

BNB
PEPE

Summary

Pepe (PEPE) traded at approximately $0.0000075, down 19% this week, after briefly rebounding earlier in the week. The token is consolidating within a narrower range between $0.0000095 and $0.0000115, signaling reduced volatility and a cooling phase. This follows previous sell-offs driven by whale profit-taking and political risk factors. PEPE remains below earlier support levels near $0.0000093, with trading volume previously recorded at 2.29 trillion tokens as of late August 2025.

Terms & Concepts
  • Technical Support: A price level where a cryptocurrency tends to find buying interest, creating a potential pause or rebound in its decline.
  • Whale: A term used to describe individuals or entities that hold large amounts of cryptocurrency, often influencing market movements through sizeable trades.
  • CoinDesk 20 Index (CD20): An index tracking the performance of 20 major cryptocurrencies to provide a snapshot of the broader market trend.