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_Pepe Coin (PEPE) Plummets: Understanding the Factors Behind the Decline_

Pepe Coin (PEPE), a popular meme-based cryptocurrency, has experienced significant volatility and a decline in value. Several key factors have contributed to this downward trend:

1. *Profit-Taking by Long-Term Holders*

On-chain data reveals that long-term PEPE holders have been selling their tokens, increasing selling pressure and potentially leading to a 35% price drop.

2. *Security Breaches*