A key factor for Pepe is the activity and sentiment on social media (Twitter/X, Reddit, Telegram, etc.). An increase in mentions, positive comments, or new viral memes related to Pepe can drive the price up. Conversely, negative sentiment or waning interest can lead to a decline. The overall trend in the cryptocurrency market also affects Pepe. If Bitcoin and Ethereum show growth, it can positively impact most altcoins, including meme coins. Conversely, a bear market can lead to an overall decline in prices.$PEPE