PEPE has plummeted below $0.000010 as meme coins a
PEPE has plummeted below $0.000010 as meme coins also tumble thanks to the market selloff. PEPE has crashed by almost 27% in the past 24 hours and nearly 50% over the past week as the markets face unprecedented bearish sentiment. Losing the psychologically important $0.000010 level has sent the meme token into freefall. PEPE fell by 12.10% on Friday, falling to $0.0000093. The weekend saw the price continue to drop, falling by 6.56% on Saturday and 6.10% on Sunday to settle at $0.0000081. PEPE fell below the 200-day SMA during the ongoing session, with many expecting it to stabilize around $0.0000065. However, thanks to the prevailing bearish sentiment in the markets, PEPE fell below this level as well and is currently trading at $0.0000061, a drop of over 24%. If the drop continues, PEPE is likely to continue dripping until it falls to $0.0000050, after which the price may stabilize.
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