33.63 Trillion PEPE in 24 Hours, What’s Happening?

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So, guess what? Pepe (PEPE) just had a wild 24 hours, and no, it’s not just another Tuesday! Over 33 billion PEPE tokens were tossed around like confetti at a birthday party. 🎉 That’s a whopping 33.68 billion PEPE, which is like an 8.61% increase—because who doesn’t love a good percentage boost?

PEPE sees renewed interest amid market volatility

According to the ever-reliable CoinGlass data (because who needs a crystal ball?), the total transaction volume hit $274.69 million. Investors are suddenly interested in this frog-themed meme coin like it’s the last slice of pizza at a party. 🍕 But let’s be real, this buying frenzy has sparked more debates than a family dinner on politics. What’s next for our froggy friend?

After a rough patch where PEPE was feeling a bit down in the dumps (thanks to some serious selling pressure), it’s now bouncing back like a rubber ball. As of this moment, PEPE has hopped up by 4.71% to $0.000007936. And trading volume? Oh, it spiked by 31.70% to a jaw-dropping $627.65 million. Talk about a glow-up!

Looks like investors are getting all froggy again. 🐸 An analysis of the open interest shows that Gate.io, Bitget, and OKX are the cool kids on the block, with Gate.io leading the pack at 57.27% of the open interest. That’s 19.90 trillion PEPE worth $157.32 million. Bitget? Well, they’re just trying to keep up with less than half of that. And OKX? They’re hanging in there with 4.58 trillion PEPE worth $36.26 million. Bless their hearts.

Will PEPE sustain its momentum?

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Now, analysts are raising their eyebrows at this recent development. PEPE was in a bit of a funk, plunging into the red like it just found out it’s not the favorite child. Many investors were left crying into their pillows as the downturn took a toll on their positions. 😢

But hold onto your hats! The current uptick is building momentum like a snowball rolling downhill. Some analysts are even daring to suggest that PEPE could knock off a zero and strut its stuff back to glory. Can you imagine? A meme coin with a comeback story!

Of course, PEPE’s had its fair share of drama, including a “death cross” pattern that sounds like something out of a horror movie. 🎃 But with the uptick in on-chain metrics, some analysts are whispering that if PEPE can keep this momentum going, we might just see a breakout bigger than your Aunt Linda’s Thanksgiving turkey.

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2025-03-25 17:47