PEPE Coin 🐸 This Week’s Roller‑Coaster Performance
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This week, PEPE coin faced a steep weekly decline of around 16–22%, wiping out over $1.3 billion from its market cap . The pullback was triggered by whale sell-offs and waning retail interest, causing fluctuations in key technical levels.
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Daily volatility was high: PEPE dropped 4–5% mid‑week (June 16–17), then bounced slightly on June 18 with a +2.2% recovery, before drifting down again to end near $0.00001029 . Trading volumes ranged between $700 million–$1 billion, signaling continued active trader interest despite the decline .
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This price action confirms its meme‑coin nature: quick pumps and steep corrections. A bullish “cup‑and‑handle” pattern is forming on weekly charts, hinting at potential rebound to around $0.0000227 if momentum shifts . However, this remains speculative, and without strong fundamentals, volatility is likely to persist.
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In summary:
PEPE had a rough week with double‑digit losses, but key technical signals suggest a possible rebound if whales return and hype revives. It’s still a high‑risk play — ideal for traders with strict exit strategies and an appetite for fast-moving memecoins.
📈#PEPEcoin #MemeCoin #CryptoVolatility #WhaleWatching