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PEPE Stumbles After 100-Day Breakout—Is the Memecoin Distribution Phase Killing Momentum?

PEPE Stumbles After 100-Day Breakout—Is the Memecoin Distribution Phase Killing Momentum?

Author:
CoindeskEN
Published:
2025-07-07 13:12:28
5
3

PEPE's rally hits a wall as sellers dominate post-breakout—classic 'buy the rumor, sell the news' behavior strikes again.


The 100-Day Curse

After briefly conquering its 100-day moving average, PEPE now faces intense distribution pressure. Traders are dumping bags faster than a DeFi rug pull.


Memecoins: The Casino That Never Closes

While BTC and ETH build real utility, PEPE's price action resembles a drunk monkey at a blackjack table—occasional wins, but the house always wins long-term. Will this dip become a buying opportunity or just another exit liquidity play?

PEPE daily chart. (TradingView/CoinDesk)

Key AI insights

  • Technical indicators for PEPE remain mixed, with RSI at 44.29 and sentiment classified as neutral.
  • The token's price action during recent hours showed a sharp sell-off with exceptionally high volume, creating a descending resistance trendline.
  • Despite these challenges, analysts project significant long-term potential, with some forecasts suggesting PEPE could reach $0.000035 by 2025 and potentially $0.0258 by 2030.
  • PEPE coin maintains critical support at $0.00000099 despite profit-taking, forming a consolidation pattern between $0.0000099 and $0.0000102.
  • Memecoin sector shows rotation with Bonk surging 6-7% on ETF buzz while Dogwifhat drops 4-10%, testing key support amid declining volume.

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