PEPE has experienced a 40% decline over the past month, trading at $0.00 and down 1.9% daily as the broader market reacts to Bitcoin’s recent drop. The decline follows Bitcoin’s fall below $65,000, which has contributed to a decrease in investor confidence across altcoin markets. This selloff in meme coins, including PEPE, reflects the overall trend as traders reassess their positions amid Bitcoin’s correction. The significant drop in PEPE’s value highlights the volatility within the cryptocurrency sector, particularly for meme-based assets. Investors are closely monitoring market conditions as they navigate the shifting landscape.
