I just checked PEPE and things look interesting. The price dropped 3% in the last 24 hours and is hovering around $0.053, but what caught my attention is that trading volume remains quite strong with about $11.65 million moving. That’s what you see when there’s uncertainty but also confidence in the project.

Market capitalization stays at $1.59 billion, so there’s no massive panic. The token is trying to find its bottom at these levels, and the volume still coming in suggests that people are buying at these prices. Some traders see this as an opportunity, not a disaster.

The usual pattern in these movements is that volume decreases when the price drops, but here it remains decent, indicating real liquidity. If volume stays like this, we could see a rebound soon. I’ll be watching how it behaves in the coming days.