The cryptocurrency market is unpredictable, and the price trend of PEPE is shrouded in fog, leaving holders anxious: will it be able to rebound and reach new highs this month? After peaking last month, it has suffered significant losses and shows signs of fatigue, while meme coins have also 'plummeted' and fallen silent. In stark contrast, established altcoins are gaining momentum, and the market landscape is quietly changing.

In terms of data, PEPE currently has a market value of 6.2 billion USD and a daily trading volume of 3.9 billion, a sharp decline of 35% compared to mid last month. Fortunately, there is a turning point amidst the gloom, prices are stabilizing, and selling pressure is easing.

The key to the breakout of internet celebrity coins lies in community operation. For PEPE to 'explode' on social platforms, it urgently needs to expand its community and attract the attention of the public and capital; if it can encounter support from big names, like DOGE riding the wind from Musk, soaring to success would be just around the corner.

Capital is the 'lifeblood' of cryptocurrency prices. Without institutional and whale capital, PEPE is unlikely to see improvement; when large funds pour in, demand will skyrocket, and prices will soar. Once a bull market begins, mainstream coins will lead the way, and PEPE can also benefit from the heat.

In the long run, PEPE cannot rely solely on the halo of internet celebrities. It needs to integrate into DeFi and NFT to build an ecosystem, which will provide a solid foundation for its value to steadily rise. Currently, it is definitely not a good time to heavily invest; it is still accumulating energy at a low position.

It is worth mentioning that the Musk concept puppies are currently at the center of heated discussion, with enormous potential. They are expected to ride the waves of the cryptocurrency tide and carve out a vast territory. Investors might as well closely monitor the trend and seize opportunities.