🐸 PEPE Plunge: Meme Magic or Market Meltdown?
After reaching a high of $0.00002825 in December, PEPE has experienced a significant decline, dropping to approximately $0.0000082—a decrease of about 71%.
This downturn has been attributed to several factors:
• Whale Activity: Large holders have been selling off their PEPE tokens, contributing to the price drop.
• Market Rotation: Investors are shifting focus to newer meme coins with smaller market caps and higher potential returns.
• Overexposure: PEPE’s rapid rise may have led to an overheated market, necessitating a correction.
Despite the decline, PEPE’s community remains active, and some analysts suggest that the meme coin could rebound if market conditions improve. 
What are your thoughts? Is this a buying opportunity or a sign to exit?
