Pepe Falls 5.41% in One Hour to $0.00000525 on Binance

Pepe (PEPE) fell 5.41% in one hour to $0.00000525 at 10:57 a.m. ET (15:57 UTC) Tuesday on Binance's spot market, while long liquidations exceeded short liquidations across three exchanges.

The PEPE/USDT spot price was $0.00000555 at 9:57 a.m. ET (14:57 UTC). The change compares public quotes collected directly from the same Binance market at the two observation times. At the later snapshot, PEPE was down 1.69% from 24 hours earlier, a smaller decline than its latest one-hour move.

Over that same hour, $470,000 in PEPE long positions and $180,000 in short positions were liquidated across Binance, Bybit and OKX. Long positions seek gains from a rising price, while short positions seek gains from a falling price. The liquidation figures cover those three exchanges for the measured hour.

At the time of the price snapshot, PEPE ranked 42nd among crypto assets by market capitalization, valued at about $2.35 billion.