Pepe Price Prediction: Will This Be a Turning Point for Pepe?

Pepe is a popular meme coin that has experienced a significant decline in the past 24 hours after a strong bearish trend. The meme coin has undergone a major market correction and has fallen below its previous support levels. As of the time of writing, the PEPE price has fallen sharply by 15.15% to $0.000008054 during the European trading session.

According to CoinMarketCap, the current market cap is $3.39 billion, down 15.14%. The price drop corresponds with an increase in trading volume, which is up 42.90%, indicating stronger market activity as investors react to the price change.

As of the time of writing, the PEPE price has fallen sharply by 15.15% to $0.000008054 during the European trading session.

With the current market correction, if the bears apply more pressure, the price of Pepe could reach $0.000005, which indicates an oversold market.

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