$PEPE is seeing a pickup in short-term interest. First, let’s check its trading-volume ranking and order-book costs.

Spot trading volume is 36.58M, ranking #10 on Binance. The current level of participation is now clear; we’ll keep monitoring trading volume in the next round.

The 24-hour change is now +5.00%; the spread is 0.24%, the cost to push the price up is 661.2K, and the cost to push it down is 1.23M. Order-book costs reflect how difficult it is to enter or exit, while trading volume determines how far the market can move.

If trading volume remains active and the spread doesn’t widen, the unusual move may continue.