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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
Pepe Meme Coin Drops 4.7% As Investor Interest Fades Further
HomeNews* Pepe meme coin dropped 4.7% in value over the past 24 hours, trading at $0.000009499.
During the analyzed period, a volume spike occurred—91.9 trillion units moved in one minute, resulting in a short rally of 3.1%. However, these gains did not last as Pepe prices fell by 0.9% in the final hour, showing ongoing pressure and quick profit-taking.
Market analysts link the pullback in Pepe to a wider move out of high-risk “meme coins” as traders opt for larger, more liquid assets. The short-term outlook for Pepe remains tied to whether risk appetite returns or remains focused on established names like Bitcoin. For now, “Despite brief price rebounds, PEPE remains under pressure, facing resistance near $0.00001013. Its failure to sustain rallies reflects broader rotation away from meme coins,” according to CoinDesk Research.
The future performance of Pepe may depend on overall market sentiment and the direction of investor interest in riskier digital assets.
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