Five days after it clinched an all-time high (ATH) of $0.000004354, well-traded meme coin Pepe [PEPE] has shed over 50% of its value, data from CoinMarketCap revealed. At the time of writing, the altcoin exchanged hands at $0.000001869 per PEPE token, having experienced a double-digit decline of 23% within the past 24 hours. However, while PEPE’s price declined, its trading volume rallied by 34% during the same period.