PEPE has now cemented itself as one of the leading meme coins in the crypto market. And just like other meme coins, PEPE has not had the best couple of weeks. The token’s price has been consistently down only, losing the vast majority of its early July gains. However, a recent development on Tuesday could suggest that there is a reversal coming for the meme coin.
PEPE’s Daily Trading Volume Rises By 47%
At a time when the majority of coins in the crypto market are recording a decline in trading activities, PEPE has seen its trading activity rise. According to data from Coinmarketcap, PEPE’s daily trading volume is up over 40% in the last 24 hours. This significant jump has seen the meme coin’s daily trading volume go from $60 million on Monday to more than $90 million on Tuesday.
The increase in trading volume comes at a time when the price of PEPE is struggling in the market, which could mean that the bulls are finally…
