PEPE

Shiba Inu

Billion

The PEPE

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<p dir="ltr">The liquidation of PEPE has made the frontlines amid a general slowdown in this metric from the market. While Ethereum (ETH) has surpassed Bitcoin (BTC) in 24-hour market liquidation, PEPE has also outranked the likes of dogwifhat (WIF), Shiba Inu (SHIB) and Dogecoin (DOGE)&nbsp;<a href="https://www.coinglass.com/LiquidationData" rel="noopener noreferrer nofollow">per</a> data from CoinGlass.</p>
<h2 id="247-billion-pepe-liquidation">247 billion PEPE liquidation</h2>
<p dir="ltr">The on-chain data shows that PEPE has recorded a $2.33 million liquidation in the past 24 hours. This figure shows that long traders have recorded $1.32 million in liquidation, with short traders suffering $1.01 million.</p>
<p dir="ltr">In actual PEPE terms, this liquidation amounts to more than 247 billion. While this is&nbsp;<a href="https://u.today/half-a-trillion-pepe-transfer-stuns-major-us-exchange" rel="noopener noreferrer nofollow">historically not unusual</a>, the fact that PEPE suffered more liquidations than SHIB and DOGE proves that more traders are paying attention to the coin overall.&nbsp;</p>
<p dir="ltr">Per price action, PEPE was changing hands for $0.000009137, up by 0.14% in 24 hours. The token’s trading volume has slumped by more than 36% to $606,933,995. Over the past week, PEPE has stood out in many ways. The token&nbsp;<a href="https://u.today/pepe-skyrockets-109-in-activity-metric-as-whales-react-to-new-listings" rel="noopener noreferrer nofollow">bagged a listing</a> recently, a move that sent its whale activities up by more than 109%.</p>
<p dir="ltr">As a major competitor to SHIB and DOGE, PEPE is known to record a high level of transactions, and it now ranks as the 15th most traded token on the market today.</p>
<h2 id="when-rebound-for-pepe">When rebound for PEPE?</h2>
<p dir="ltr">The PEPE growth dynamics are intriguing. While the token is trading relatively flat at the moment, it has been up by more than 26.36% in the past week but down by 23.33% over the past month.</p>
<p>Beyond the intensive&nbsp;<a href="https://u.today/half-a-trillion-pepe-transfer-stuns-major-us-exchange" rel="noopener noreferrer nofollow">whale embrace</a>, market expectations now hinge on whether PEPE can return to its four-week high amid the growing uncertainty. PEPE is in the spotlight, carving out a major opportunity for traders looking to go long on the meme coin. In the short term, the expectation is clearing one zero.</p>

247 Billion PEPE in 24 Hours, When Rebound?

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