The price of Pepe ($PEPE), the third largest meme coin on the market and the biggest in the non-doge category, has crashed by 9.5% overnight, marking the largest losses among the sector's big three.
Currently priced at $0.000007301, $PEPE is about 15.4% down from its price seven days ago. This significant decline suggests that the meme coin may be facing an imminent collapse.
Investors and market watchers are closely monitoring this sharp downturn to understand its long-term implications.