The Pepe Coin price witnessed a significant decrease of 4.59% in the last 24 hours, compared to an average decline of 2.77% among meme coins. Analysts are suggesting that this drop may indicate the start of a broader downtrend, potentially leading to a significant crash.
Amidst the current market speculation about a supercycle, analysts are forewarning that Pepe Coin could experience a much more substantial decline, possibly amounting to as much as 66%.
This outlook suggests caution for investors in meme coins, especially those holding or considering investing in Pepe Coin, due to the heightened volatility and risk of a major downturn.
