Pepe Coin has experienced a significant downturn, losing 5.88% against the US Dollar in the last 24 hours. This decline is part of a broader trend, with PEPE/BTC and PEPE/ETH also falling by 5.56% and 5.05%, respectively. Over the past month, Pepe Coin has dropped 13.63%, underperforming the overall cryptocurrency market, which saw a 7.13% decrease.

Despite a 646.98% increase over the past year, the current sentiment around Pepe Coin is bearish. Technical indicators show that 22 out of 28 are signaling a negative outlook. The Fear & Greed index stands at 69, indicating market greed, which could suggest overvaluation.

Investors should exercise caution as the market remains volatile and unpredictable.