PEPE Price Climbs 12%, Threatens $10 Million Worth of Short Positions

After a notable drawdown earlier in the week, Pepe’s (PEPE) price has increased by 12.24% in the last 24 hours. At press time, the frog-themed token and top meme coin on Ethereum changed hands at $0.0000087. For some traders, the price increase is a welcome development. However, this jump could also scare others who did not expect the recovery. Here is how. Pepe Bears Face a Big... source: https://beincrypto.com/pepe-price-threatens-short-positions/