#MEMEAct

Is $PEPE Headed for a Major Correction?

Signs are flashing red for $PEPE, as it forms a potentially dangerous pattern that could signal a steep decline. On-chain data reveals that smart money investors have already exited their positions, shifting capital elsewhere. One major concern? Ethereum’s continued struggle to break above the $2,000 resistance,adding pressure to the memecoin market.

Interestingly, these investors aren’t leaving the space entirely,they’re rotating into the Solana ecosystem. Meme coins like FARTCOIN, $WIF (Dogwifhat), and $BONK have recently posted strong double-digit gains, drawing in fresh liquidity and attention