There are several possible reasons for the pepe coin to fall today:

1. Pump and dump operations:

* Pump and dump processes may be responsible for sudden landings.

* In these operations, investors buy large amounts of currency, artificially raising its price.

* They then sell it shortly afterwards, causing its price to drop.

2. Steal pepe coins:

* In August 2023, 16 trillion pepe coins were stolen from the project's CEX multi-signature wallet.

* This led to a significant shortage of coins in circulation, causing their value to decline.

3. Lack of interest:

* Lack of interest in the pepe coin may also be the reason for its decline.

* The coin was launched in 2016, and has not gained the same level of popularity as other cryptocurrencies.

4. Technical problems:

* There may also be technical issues with the exchanges on which PEPE is traded.

* These issues may make it difficult to buy or sell currencies, which may affect their price.

5. Negative news:

* There may also be negative news about pepe coin or the cryptocurrency market in general.

* This news may lead to a lack of investor confidence, which may lead to a decline in the currency.

Follow the first comment to invest without losses

Mayor