Pepe is unbelievable, no one knows or understands what actually makes it so volatile and unpredictable. If Bitcoin goes up pepe coin will go up, if the price of Bitcoin drops the price of pepe coin will drop, so is Bitcoin influencing the price of pepe coin? Yes, but to some extent have seen instance when the price of Bitcoin drops and pepe price went up the day pepe coin got to 0.00001 Bitcoin was actually bleeding on that day, but generally when Bitcoin goes up the price of memecoins will go up and vice versa. Now that pepe have dropped from 0.000008 to 0.000007, I will buy more pepecoins and set a sell limit of 0.000008 because it will definitely go back to 0.000008 again.