Why did PEPE's value drop today?

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PEPE is a meme coin that started in April 2023, inspired by the famous internet frog meme. It runs on the Ethereum network using the ERC-20 standard, meaning you can keep and trade it on any platform that supports this standard. It has a huge total supply of 420.69 trillion tokens, and its value fluctuates based on how much it's wanted and available.

The goal of $PEPE is to join the ranks of other well-known meme coins like Shiba Inu ($SHIB ) and Dogecoin ($DOGE ), riding the wave of these