PEPE Coin Plunges 5% Daily, Bitcoin Might be Preparing for a Huge Move

The cryptocurrency market continues to trade in a range, and major coins have failed to chart any notable differences in the past 24 hours. PEPE – the leading meme coin, has been taking a beating lately. PEPE coin has come to prominence in the past few months, but its rally has far cooled down. Throughout the past 24 hours, the cryptocurrency lost around 5%, and it seems lost for support. The altcoin market remains flat for the day, but at least it’s not all red. The best performer is Hedera’s HBAR, up 7% in the past 24 hours. It’s followed by EGLD (MultiversX), which is up 4.2%. Kaspa is down by 11%, followed by GMX (-5%), and PEPE (-5%).

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