$PEPE Update: Navigating the Market Dip and Whale Activity! 📉
June 13, 2025 – Pepe Coin ($PEPE) is currently feeling the squeeze of the broader crypto market pullback. After recent highs, $PEPE is trading around $0.00001070 - $0.00001150 USD, showing a notable dip of 12-14% in the last 24 hours.
What's happening with $PEPE today?
Market-Wide Correction: Like other altcoins, PEPE is heavily influenced by Bitcoin's performance and the "risk-off" sentiment due to escalating geopolitical tensions.
Whale Movements: Recent reports indicate significant whale activity, including a whale dumping 609 billion PEPE tokens ($6.43 million worth) and another depositing $6.55 million worth to a CEX. These large movements can impact short-term price.
Technical Support Test: PEPE is currently testing key support levels around $0.00001000 - $0.00001037. Holding above this range is crucial for a potential bounce.
Meme Coin Volatility: As a meme coin, PEPE is known for its high volatility, driven by social trends and sentiment.
While short-term price action is challenging, the long-term narrative for meme coins and PEPE's continued community engagement remain factors to watch.
Are you bullish or bearish on $PEPE's next move? Let us know!
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