It looks like the $PEPE E meme, one of the most popular cryptocurrencies of the season, has reached a very low point.

In the last few weeks, PEPE experienced a sharp decline, losing almost 90% of its profits, leading to oblivion among members of the crypto community.

The meme coin rally, once marked by frenzied buying and attention to digital tokens like PEPE, seems to have run its course.

Unlike other perpetual cryptocurrencies, memcoins often have high volatility and uncertainty.

Currently, it turns out that the decrease in the value of the PEPE token was mainly caused by the actions of a cryptocurrency whale, since this whale had about a trillion PEPE coins.

The sudden sale of this huge amount caused a sharp drop, causing a sudden and sharp reduction in PEPE's market capitalization.

As the value of PEPE falls and falls into a seemingly endless pit, market analysts predict that the memcoin's journey may be coming to an end, just as the path of the siba-inu led to a long continuation of the movement around the bottom.