Value

PEPE

Gains

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/pepe-gains-value-after-recent-decline/" data-wpel-link="internal">PEPE Gains Value After Recent Decline</a><br></p>
<p style="text-align: justify">Recently gaining significant popularity, <strong>PEPE</strong> managed to achieve gains in the last 24 hours after a decline earlier this month. Additionally, the meme token left behind a bright May. During May, the cryptocurrency achieved significant gains, reaching an all-time high of $0.00001718. However, it dropped to $0.00001168 in the past few days.</p> 
<h2 id="pepe-s-market-value">PEPE’s Market Value</h2> 
<p style="text-align: justify">Following the recent volatile movements of the popular <strong>meme token</strong>, its market value stands at $5.7 billion. However, the decline in the <strong>altcoin</strong> was not limited to its market value but also reflected in its price chart. PEPE’s gains since the beginning of the year have been 975.65%, making it the second most profitable cryptocurrency, outperforming Bitcoin.</p> 
<p style="text-align: justify">The increase in Pepe’s price occurred after increased activity on the network, leading to a 23% rise in transaction volume. Currently, the TVL stands at $1.42 billion, marking significant growth from yesterday’s $714 million. The increase in transaction volume is attributed to rising transactions on <a href="https://en.coin-turk.com/ftx-crypto-exchange-proposes-controversial-compensation-values/" data-wpel-link="internal">cryptocurrency exchanges</a> such as OKX and Bitget.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-361818 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/pepe-3.jpg" alt="" width="836" height="433"></p> 
<h2 id="pepe-futures">PEPE Futures</h2> 
<p style="text-align: justify">Another important metric in the cryptocurrency is the open <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">interest rate</a>. This metric recorded a 4.06% increase, raising its value to $140.63 million. The increase may indicate a rise in participation in <strong>PEPE</strong> futures and options. Additionally, the cryptocurrency market experienced an upward trend with <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">the announcement</a> of the consumer price index (CPI) data, a fundamental metric in the market.</p> 
<p style="text-align: justify">According to experts, PEPE is in a bullish zone due to its upward trend, which could further increase its price. If the trend continues, PEPE’s price could rise by 50% to $0.000017 by the end of the month. Moreover, experts note that the token’s technical indicators and moving averages support this scenario. The relative strength index (RSI) is at 6.5, indicating a buying zone that could lead to further gains.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/pepe-gains-value-after-recent-decline/" data-wpel-link="internal">PEPE Gains Value After Recent Decline</a></h5>

PEPE Gains Value After Recent Decline

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