PEPE News: PEPE Memecoin Faces Challenges with Declining Network Activity and Price Drop

In the volatile world of cryptocurrencies, PEPE, the third-largest meme token, is currently facing some significant challenges. Here’s a closer look at the latest developments surrounding PEPE and what the future might hold for this digital asset.

PEPE Memecoin Faces Further Downside Risk

PEPE, the third-largest meme token, has lost a critical $0.00000770 support level, extending its weekly losses to 15%. Amid crypto market volatility, while the memecoin sector has surged 7.07%, PEPE’s network activity has collapsed, with active addresses dropping significantly. This breakdown could signal further downside for PEPE.

Pepe Coin (PEPE) Price Prediction 2025: Will PEPE Bounce Back?

Pepe Coin (PEPE) faces challenging market conditions as the crypto community questions the longevity of meme-based cryptocurrencies. Despite this, PEPE’s price saw a 7% increase after Binance listed it in BNSOL Super Stake, reaching $0.0144. Crypto analysts predict mixed outcomes for PEPE, with Vegeta Crypto anticipating a 39.96% increase while Crypto ELITES expects it to hit $0.00014. However, the current unpredictability of the meme market creates uncertainties. Meanwhile, Mutuum Finance (MUTM) continues to grow rapidly, collecting $2.7 million from 4,900 new holders.

Traders Accumulate $53M in PEPE Amid Decline

Traders have invested $53M in PEPE despite a 6.03% decline in the past 24 hours and a 26.02% weekly loss. The cryptocurrency has breached a multi-year support level but bullish positions suggest a potential rebound. PEPE previously rallied 348% after breaching a similar support level. Selling pressure in the derivatives market remains high, but spot traders continue to accumulate.