PEPE Token Drops 13.75% Amid Profit-Taking and Lower Volume, Eyes Key Support Levels

PEPEUSDT experienced a significant price decline of -13.75% over the past 24 hours, dropping from an open of $0.00001236 to $0.00001066. This sharp decrease is primarily attributed to a combination of profit-taking following recent rallies, a notable reduction in trading volume (-15.3% daily), and mixed short-term analyst forecasts suggesting potential for further correction or consolidation. Despite strong whale accumulation and positive technical signals earlier in the week, the current pullback reflects cautious sentiment and a pause in upward momentum as traders await clearer direction. As of June 13, 2025, PEPEUSDT is trading at $0.00001066 with a 24-hour volume of approximately $1.1 billion and a market cap near $5.36 billion, consolidating near key support levels with market participants closely watching for signs of renewed buying interest or further downside.