Pepe Gains Zero After Price Crash: Is The Worst Over?
Pepe (PEPE) is facing a steep price crash amid a market-wide correction. The frog-themed memecoin’s price has gained an additional zero after its decimal point. According to CoinGecko’s PEPE data, its price is down across nearly all time frames. The coin has faced a 3.7% correction in the daily charts, 5.2% in the weekly charts, 11.3% in the 14-day charts, and 21% over the previous month. Despite the downward momentum, the memecoin has gained 10.7% since August 2024. Source: CoinGecko Will Pepe Recover From Its Price Crash, Or Is The Worst Yet To Come? Source: Watcher.Guru PEPE’s price crash comes amid a larger crypto market correction. Bitcoin (BTC) has fallen below the $110,000 mark. BTC’s price dip may have led to investors facing new fears about a prolonged market correction. BTC may continue to dip to around $108,000. The asset has substantial liquidity at the price range. PEPE’s price could face some stability or consolidation if BTC’s descent h...