PEPE Price Jumps 23% Today: Why It’s A Bull Trap

Pepe price spiked over the last 24 hours in line with the recovering markets, joining the ranks of the handful of crypto assets leading this rally. The recent Bitcoin crash shook the entire crypto market, leaving the frog-based meme coin down 51% in a week, causing significant losses for many investors. Despite the 24% jump over the past day, PEPE is still down 34% over the last seven days.

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