As of May 8, 2025, Pepe Coin (PEPE) is trading at approximately $0.00000817, reflecting a modest recovery from recent lows. The token has bounced back from a support level near $0.00000760, with analysts watching the $0.00000888 resistance as a potential breakout point.
However, concerns have arisen due to a decline in holdings by "smart money" investors, dropping from 32 in November to 17 currently, suggesting potential bearish sentiment. Additionally, the broader market is experiencing caution following macroeconomic developments, including Warren Buffett's retirement and his comments on global financial stability.
Despite these challenges, PEPE maintains a significant market presence, with a market cap around $3.4 billion and active trading volumes. Investors are advised to monitor key resistance levels and market trends closely.