While people continue to dump their PEPE tokens, its price rallied by double digits in the last 24 hours.
On-chain data revealed that sell-offs were still underway.was on track to cross the $2 billion market capitalization mark. However, as investors “dumped” their PEPE tokens to take profit and closed their trading positions, the alt’s market capitalization declined to $700 million at press time.
Trading at $0.000001637 as of this writing, PEPE’s price rallied by 35% in the past 24 hours. During that period, its trading volume also climbed by 11%.
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