PEPE, the popular meme coin, has recently faced a significant downturn, marking a 48% drop in value. This decline has pushed the cryptocurrency into a corrective phase, raising concerns among investors about its future trajectory. The study highlights an alarming trend: many investors are now questioning the sustainability of PEPE's market position.
PEPE Trading at Yearly Low
Currently, PEPE is trading around its yearly low of 0.000000425, having slightly recovered from an intraday low of 0.000000402. The bearish momentum surrounding the coin has been evident since May 2025, with analysts observing a complete unwinding of a previous rally.
Price Action and Market Sentiment
The recent price action follows a manipulated surge in January 2026, where PEPE's value spiked without any substantial accumulation backing it. This has led to skepticism regarding the sustainability of its price movements as the market grapples with the implications of the sharp sell-off. Investors are now left questioning whether PEPE can regain its footing or if further declines are on the horizon.
While PEPE faces a significant downturn, Peanut the Squirrel has recently surged in value, attracting attention in the crypto market. For more details, check out the full story here.
