PEPE Crashes 50% From Friday Peak

The speculative frenzy driven by memecoins appears to have plateaued, with PEPE down over 50% from its all-time high. PEPE briefly boasted a billion-dollar capitalization after being listed on Binance. As top-signals go, that was one for the books, with PEPE tumbling 51% from its all-time high after listing on the world’s largest crypto exchange. Despite its recent losses, PEPE still enjoys a larger market cap than DeFi bluechips like Synthetix, Curve, and Rocket Pool. Traders also exchanged nearly $700M worth of PEPE over just the past 24 hours.

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