The cryptocurrency PEPE continues to lose value, displaying a sharp decline in June. Despite this downturn, some holders remain loyal to their investments.
Overall Trends in the PEPE Market
The memecoin PEPE fell by 35% for the month, with losses totaling 25.7% year-to-date. Currently, PEPE is trading at $0.00000929, leaving all investors who purchased it in 2025 in the red. Despite this, 37% of holders haven’t moved their tokens in over a year.
Opinions of Analysts and Notable Figures
Data shows that 75% of the token supply is held by whales, and 46% of all holders are still making a profit. Notable trader JamesonXBT supports PEPE, stating, 'Patience is key. PEPE will reward believers again.' This comment suggests potential growth based on chart structures that previously led to impactful price movements.
Technical Analysis and Support Levels
Technical charts indicate that the Relative Strength Index (RSI) is at 30.85, suggesting oversold conditions. Current prices are consolidating above a support zone between $0.00000830 and $0.00000872. If this level holds, some analysts believe PEPE could aim for a recovery towards $0.00002000. Conversely, a breakdown below $0.00000830 could drag PEPE down to $0.00000525.
Despite the downturn, the substantial holding by large investors and the optimism of some holders create potential premises for future corrections. An analytical approach and attention to technical levels will aid market participants in making informed decisions.
