PEPE Token Faces Sharp Decline Amid Market Turmoil: What’s Next?
The cryptocurrency market experienced significant turbulence early Sunday, with PEPE token leading the losses amid a broader sell-off. Macroeconomic uncertainties triggered massive liquidations, wiping out $701 million from the market—$618 million of which came from long positions. PEPE, a popular meme coin, plummeted 18% over the past week and 8.22% in the last 24 hours, now trading at $0.0000092. This drastic drop has erased all its recent gains, leaving investors questioning its future trajectory. As bearish sentiment dominates, the crypto community watches closely to see if PEPE can recover or if further declines are imminent.
PEPE Token Plummets 18% Amid Broader Crypto Market Sell-Off
The cryptocurrency market extended its decline early Sunday as macroeconomic uncertainties triggered a wave of liquidations. Traders saw $701 million wiped out, with $618 million stemming from long positions—a clear signal of bearish sentiment taking hold.
Meme coin Pepe bore the brunt of the sell-off, dropping 18% over the past week and 8.22% in the last 24 hours to trade at $0.0000092. The token has now surrendered all gains from its May rally, when it briefly touched $0.0000167 after shedding a zero from its price.
Technical indicators suggest potential for a rebound, with PEPE's Relative Strength Index approaching oversold territory. However, any sustained recovery WOULD require clearing key resistance levels at the 50-day ($0.0000119) and 200-day ($0.0000121) moving averages.
PEPE Investors Target $0.0002 by 2026 as New Rival Pepeto Emerges with High-Yield Staking
PEPE token holders are betting on a moonshot to $0.0002 by 2026, though analysts remain skeptical given the meme coin's reliance on speculative trading and token burns. The frog-themed asset, which once reached a $1.6 billion market cap, now faces competition from Pepeto—a blockchain project offering zero-fee trading, cross-chain interoperability, and staking rewards of 276% APY.
While PEPE thrives on meme culture, Pepeto positions itself as a technologically advanced alternative with an exchange infrastructure and multi-chain capabilities. The newcomer has already attracted $5.4 million in presale funding, signaling investor appetite for yield-bearing meme assets. Market dynamics suggest a growing divergence between pure-play meme tokens and those with utility-driven ecosystems.
Neo Pepe Coin Emerges as Top 2025 Crypto Presale Contender with $2M Raise
Neo Pepe, a meme-inspired cryptocurrency, is gaining traction as a standout presale opportunity for 2025. The project has secured $2 million in its fourth funding stage, offering tokens at $0.08 apiece.
Investor interest spans both retail meme coin traders and institutional crypto funds, though questions remain about long-term utility. The presale's momentum reflects growing appetite for high-risk, high-reward crypto ventures amid bullish market conditions.