Pepe (PEPE), the popular name of memecoins that has been rising breathlessly for a few days, has become the project that lost the most value in the last 24 hours.
PEPE, which has frequently been on the agenda with its volatile movements since its listing on popular exchanges, almost crashed with the fall of BTC. PEPE, which was exposed to successive sell-side transactions, showed a decrease of 19.09 percent in the last two days, shaking the memecoin market, especially its investors. In addition, PEPE, whose performance decreased by 10.06 percent in the last 24 hours, sat at the top of the losers list.
Critical points to consider in Pepe (PEPE)!
PEPE, which hit $0.00000085 and started to loosen, rapidly lost value as it could not find buyers at support levels. Being Memecoin further increased the intensity of transactions in PEPE. Looking at the daily chart, if PEPE, which is trying to hold on to the support, can maintain this level, it can increase respectively 0.00000074 – 0.00000078 – 0.00000082 – 0.00000086 – 0.00000091 0.00000095 and finally up to 0.00000103 dollars.
BTC’s failure to stay above $27,450, the memecoin market falling out of favor, and PEPE’s failure to hold at $0.00000071 could trigger a new decline in the popular coin. In such a situation, the levels of 0.00000071 – 0.00000065 and 0.00000060 dollars should be followed as buyer areas, respectively.
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