PEPE (Pepe) fell 0.61% in 24 hours

Gate News Bot news, on September 25, according to CoinMarketCap data, as of the time of writing, PEPE (Pepe) is currently priced at $0.0000096136, down 0.61% in the last 24 hours, with a high of $0.0000116385 and a low of $0.0000093907. The current market capitalization is approximately $4.044 billion, a decrease of $24.8696 million compared to yesterday. Currently, PEPE ranks 32nd in the global crypto assets market capitalization.

PEPE is a memecoin themed around the well-known internet meme character, Pepe the Frog. It was launched in 2023 with the aim of revitalizing the status of meme tokens. PEPE operates under a model with no presale, zero taxes, liquidity pool already burned, and the contract has relinquished ownership, with a total supply of 420.69 trillion coins. The project has no official development team or roadmap, relying entirely on the community and meme culture for its growth.

Important news about PEPE recently:

1️⃣ Market volatility has intensified, and prices have significantly corrected in the short term.

The price of PEPE has experienced significant fluctuations recently. On September 17, PEPE reached a high of $0.0000111254, increasing by 3.14% within 24 hours, with a trading volume of $631 million and a market capitalization growth to $4.68 billion. However, by September 23, the price had fallen back to $0.0000096261, a decline of 13.5%. This substantial short-term volatility highlights the high-risk characteristics of the meme token market.

2️⃣ The associated token APEPE is about to resume trading.

Gate plans to resume trading services for Ape and Pepe on September 20, 2025, at 10:00 (UTC+80 ). APEPE was previously suspended due to an attack incident, and a complete solution has now been provided to ensure a stable trading environment. As related coins belonging to the meme token category, the resumption of APEPE trading may have an indirect impact on the PEPE market, drawing investors' attention to the overall ecology of meme tokens.

3️⃣ market capitalization and trading volume changes reflect market sentiment fluctuations

The market capitalization and trading volume of PEPE show significant fluctuations in market sentiment. From a market capitalization of $4.68 billion and a trading volume of $631 million on September 17, to a market capitalization of $4.05 billion and a trading volume of $878 million on September 23, and finally to the latest market capitalization of $4.044 billion, these changes reflect a shift in investor attitude towards PEPE from optimism to caution in the short term.

From a technical perspective, the price of PEPE fluctuates between $0.0000093907 and $0.0000116385, showing significant price elasticity. Fundamentally, as a purely meme coin, the value of PEPE is mainly driven by market sentiment and community activity, lacking substantial application scenarios to support it, which may be the fundamental reason for its large price fluctuations.

This message is not to be taken as investment advice; investors should be aware of market volatility risks.