PEPE's trading activity is the clearest bullish signal

$PEPE reported that total trading volume reached $665.9 million over 24 hours, compared with a market capitalization of $1.65 billion, with a turnover rate of approximately 40.4%.

For a memecoin, this volume suggests a healthy turnover rate and lots of speculation, rather than inactivity.

Although $PEPE fell 3.71% over the last 24 hours, it is still up 53.85% over the last 7 days.