the cryptocurrency called pepe has lost a lot of value. it has decreased more than 7% in the past 24 hours. this is not good for people who bought it, because they will get less money if they sell it. in the past week, pepe's value has gone up and down, but now it's going down again. the people who created pepe must be feeling sad about this. Read from source...
In the article, Cryptocurrency Pepe Decreases More Than 7% Within 24 hours, it is stated that over the past week Pepe has experienced a positive trend where it has experienced a 2.0% gain, moving from $0.0000085 to its current price. However, in the past 24 hours, Pepe's PEPE/USD price has fallen 7.66% to $0.0000087, which is opposite to its positive trend.
The article uses a technical chart to illustrate the price movement and volatility for Pepe over the past 24 hours and the past week. Bollinger Bands, which measure volatility, are used, and the wider the bands are, the larger the volatility.
The trading volume for the coin has tumbled 31.0% over the past week, while the circulating supply of the coin has risen 1.11%. This brings the circulating supply to 420.69 trillion, which makes up an estimated 100.0% of its max supply of 420.69 trillion. According to our data, the current market cap ranking for PEPE is #27 at $3.66 billion.
Overall, the article presents a balanced and accurate report on the recent performance of Pepe cryptocurrency. The technical chart helps to illustrate the volatility of the coin's price movement, and the article provides relevant data about the trading volume and circulating supply of the coin.
bearish.
As the title suggests, the price of the cryptocurrency Pepe has decreased significantly (by more than 7%) in the past 24 hours. This negative development, along with the 31% drop in trading volume and the increase in the coin's circulating supply, all contribute to a bearish sentiment regarding the cryptocurrency.