Popular meme-inspired cryptocurrency PEPE has seen a 7% drop in the last 24-hour period, while trading volumes topped 2.29 trillion tokens, according to CoinDesk Research’s technical analysis data model.

The token slid from $0.00000995 to $0.00000931 during the sell-off, testing key technical support near the $0.0000093 mark. This zone briefly attracted buyers, but the broader trend remained under pressure.

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