#PEPE‏

It seems that today, June 18, 2025, the cryptocurrency PEPE is experiencing some significant developments:

Price Drop: In the last 24 hours, the price of PEPE has decreased by around 3% to 4% and nearly 23% in the last 7 days. There has been selling pressure and it is struggling to stay above a key psychological support level at $0.00001000.

Large Investor Movements (Whales): Significant movements by whales have been reported. One whale deposited the equivalent of $6.1 million in PEPE into a centralized exchange (CEX), incurring a considerable loss, which may contribute to the downward pressure. However, there has also been a withdrawal of approximately $5.2 million in PEPE from a CEX to a newly created wallet, which could indicate accumulation.

Bearish Technical Analysis: Technical indicators, such as the 200-day moving average, suggest a bearish trend in the short and medium term. There are sell signals and a decrease in buying strength.

Competition from New Meme Coins: Some analysts suggest that traders are selling PEPE to invest in other emerging meme coins, such as Neo Pepe Coin, which promise greater deflation and a more robust infrastructure.

Mixed Outlook: Despite the current bearish trend, some technical analyses indicate the formation of patterns (such as "cup-and-handle") that could signal a potential rebound if geopolitical tensions ease and the crypto market as a whole stabilizes.

In summary, PEPE is at a moment of price decline with bearish signals, influenced by movements of large investors and a possible capital migration towards new meme coins. However, some analysts see potential for recovery if market conditions improve.