Bitcoin

PEPE

Trillion

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<p dir="ltr"><a href="https://coinmarketcap.com/currencies/pepe/" rel="noopener noreferrer nofollow">According</a> to CoinMarketCap data, PEPE is notably carving out its own growth path after soaring as high as 10% in 24 hours. While many analysts are focused on this price growth, other important metrics, like trading volume, have incited a new shift for the token.</p>
<h2 id="pepe-and-positive-macro-trends">PEPE and positive macro trends</h2>
<p dir="ltr">Economic collapse is expected in the broader financial world as the Federal Reserve&nbsp;<a href="https://u.today/bitcoin-surges-as-fed-goes-for-massive-rate-cut" rel="noopener noreferrer nofollow">trimmed its interest rate</a> by 0.5% on Sept. 18. This rate cut, the first in four years, will allow more liquidity to circulate, which the Feds hope will boost economic activities.</p>
<p dir="ltr">However, market experts are convinced that the U.S. dollar might devalue in addition to general expectations. At the extreme end, some economists project an impending slip back into a recession. If this happens, investors might search for alternatives to hold their funds.</p>
<p dir="ltr">While the first crypto choice is Bitcoin, meme coins like PEPE may get a spillover from this resource allocation. The trends are already visible, as PEPE trading volume in the past 24 hours has topped $819,282,482, up by more than 63%.</p>
<p dir="ltr">In actual token terms, this amounts to more than 9.9 trillion PEPE, one of the largest volumes shifted over the past week. Ideally, this&nbsp;<a href="https://u.today/1021-trillion-pepe-in-24-hours-whats-happening" rel="noopener noreferrer nofollow">recurrent PEPE whale transaction boom</a> implies many are favoring the token, a generally positive omen for future price growth.</p>
<h2 id="watch-meme-coins-this-season">Watch meme coins this season</h2>
<p dir="ltr">Besides PEPE, other core rivals like&nbsp;<a href="https://u.today/shiba-inu-shib-biggest-beneficiary-of-rate-cut-heres-why" rel="noopener noreferrer nofollow">Shiba Inu</a> are also on the frontlines of this epic price resurgence.</p>
<p dir="ltr">In addition to preserving the real worth of their holdings, investors are also interested in growing their capital. With their volatility, meme coins offer the highest risk-reward ratio at the moment.</p>
<p dir="ltr">While traditional institutional buyers like MicroStrategy may stick with Bitcoin (BTC), many retail traders are likely to boost the economy around PEPE, SHIB and other market variants.</p>

9.9 Trillion PEPE in 24 Hours, What's Happening?

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