Pepe Coin has experienced a significant downturn, losing 6.70% against the US Dollar in the last 24 hours. This decline is more pronounced when compared to the overall cryptocurrency market, which saw a 5.49% decrease in the same period. Additionally, PEPE/BTC fell by 3.77% today.

Over the past month, Pepe Coin has dropped by 13.12%, reflecting a bearish trend. Despite a 690.21% increase over the past year, the medium-term outlook remains negative, with a 7.14% decline in the last three months.

Technical indicators also suggest a bearish sentiment, with 71% of indicators predicting further declines. The Fear & Greed index stands at 69 (Greed), indicating potential market overvaluation. Investors should exercise caution as the market sentiment remains pessimistic.