Can Pepe Coin [PEPE] erase zero in July 2024?

The cryptocurrency community is eagerly waiting for the end of June and the start of July. This is because the market suffered a terrible defeat last month. But it seems that the trend has continued into July with most assets still in the red. Pepe Coin [PEPE], a famous frog-themed coin has also suffered losses. The meme coin is trading at $0.00001049 after a 9% drop in the past 24 hours.

PEPE will continue to trade at an average price of $0.0000254. Moreover, if there is a bearish wave, the meme coin could drop to a low of $0.0000115. The cryptocurrency market is known for its volatility

In May 2024, Pepe Coin hit an all-time high of $0.00001718. The asset is currently trading 39% below this high. While reaching this level is not difficult for the meme coin, it still seems like a task given the bearish nature of the current market.

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