PEPE News: Investors Panic as Prices Plummet, Market Collapse Threat Looms

Investors in PEPE (PEPE) are in a state of panic as the cryptocurrency experiences a sharp decline, with prices dropping by over 65% since its peak. The launch of US President Trump's meme coin has further exacerbated the situation, causing significant losses across the meme coin market.

Pepe (PEPE) Investors Panic as Prices Plummet, Threat of Market Collapse Looms

Investors in Pepe (PEPE) are in a state of panic as the cryptocurrency experiences a sharp decline from its December highs. The PEPE price has dropped by more than 65% since its peak, with a significant portion of the decline occurring after the launch of US President Trump's meme coin. This new meme coin has dealt a devastating blow to the entire meme coin market, causing most tokens to suffer significant losses. The situation has led to fears of a potential total market collapse, as investors scramble to assess the damage and seek ways to mitigate further losses.

Pepe Coin (PEPE) Rises Amidst Meme Coin Market Surge

Pepe Coin (PEPE), a fairly new cryptocurrency in the meme coin market, has been rising steadily, recording a 7% increase over the past 24 hours. Despite a 41% plunge in the last month, PEPE has surged 909% over the previous year. The frog-themed meme coin stands out in the canine-themed crowd and is ending 2024 on a positive note.

Pepe Coin Crashes 65% But Could Rebound 110%

Pepe Coin has experienced a sharp downtrend since the end of last year, currently trading 65% below its December 9 all-time high. However, early signs of a potential recovery are emerging. If the rebound gains traction, Pepe Coin could see gains of up to 110% in the coming weeks. The meme coin market has seen a significant decline, with the total market cap dropping from $150 billion to under $70 billion.