$PEPE is not an independent cryptocurrency, but there are some cryptocurrencies that use Pepe's image as their symbol. However, you should be careful when investing in any cryptocurrency, including this one.

However, despite the overall market decline, the price of PEPE showed strength through an unexpected rise today, indicating a potential recovery.

Pepe has reversed its notable monthly rise of 49.63% with a weekly loss of 9.64%, indicating a pullback.

Outperforming other notable cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), PEPE has generated an impressive return of 1,339.30% over the past year.

Since the short-term momentum is outpacing the larger downtrend, this reversal will be confirmed if it can successfully cross the 200-day moving average.

Although PEPE lacks intrinsic value as a meme, it often accompanies prevailing market trends.

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