PEPE Token Surges 2.34% Amid Volatile Trading, High Volume, and Mixed Analyst Forecasts

PEPEUSDT saw increased volatility over the past 24 hours, with notable short liquidations and mixed trading activity contributing to price fluctuations. The absence of new listings, promotions, or trading competitions suggests that recent price movements were primarily driven by technical factors and shifting market sentiment. Analysts reported conflicting forecasts, with some highlighting potential bullish rebounds from support levels while others pointed to bearish indicators such as a death cross and negative funding rates. Community engagement and high trading volume, along with fear-driven sentiment and healthy accumulation near key support, were identified as significant factors influencing trading behavior. On Binance, PEPEUSDT is currently priced at $0.00000524, up 2.34% from the 24h open, with notable trading volume across major exchanges and a circulating supply of approximately 413.77 trillion tokens.