Memecoins have been in freefall, and $PEPE is no exception—crashing 75.1% from its December highs. With the memecoin sector losing $87.5 billion since December 9, investors are wondering: Can PEPE make a comeback?
📉 The Harsh Reality: A Market in Decline
🔻 #pepe dumped hard, yet exchange reserves also fell—a sign that some holders aren’t panic-selling.
🔻 The Spent Output Profit Ratio (SOPR) is below 1, meaning most investors are selling at a loss, showing weak confidence in a rebound.
🔻 The MACD indicator remains negative, confirming bearish momentum since late January.
💡 The Silver Lining: Signs of a Possible Recovery
✅ Exchange balances continue to drop—suggesting that investors are HODLing, possibly storing PEPE in cold wallets rather than dumping it.
✅ A 35.2% jump in four days hints that some buyers are stepping back in.
✅ If Bitcoin (#BTC ) turns bullish, it could trigger demand for PEPE and memecoins.
🔮 What’s Next for $PEPE ?
While sellers still dominate, exchange outflows hint at long-term confidence. For PEPE to recover, Bitcoin must rally, and memecoin sentiment needs a boost.
Will $PEPE ride the next wave or sink further? Only time will tell! Keep watching the charts! 📊🔥
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