Is $PEPE on the Edge of Dropping Out of the Top 30? 🤔 Here’s What’s Going On!

Recently, the meme coin market has been hit hard👇. Even with Bitcoin’s recent rally, which usually lifts altcoins, $PEPE seems to have “gone on vacation” for now 😎.

At first glance, this drop seems connected to news of Tether under investigation by US authorities, which led to a sharp decrease in the overall crypto market cap. According to liquidation trackers, meme coins were some of the hardest-hit assets in this shake-up.

But there’s more at play here! PEPE’s struggle to reach its past highs may also come from the shift in attention to emerging coins like $POPCAT, suggesting some traders believe PEPE has peaked. However, I believe PEPE’s story is far from over, and there’s still plenty of potential ahead. 🚀

Stay tuned for my next post, where I’ll dig deeper into PEPE’s future and what it could mean for meme coins overall!

#cryptouniverseofficial #CryptoPreUSElection #BTCETFDemandSurge #BinanceBlockchainWeek