The price of the Pepe coin was drowned on Saturday, May 24, 2025, to trade at $ 0.000012, as the second largest memecoin in the atherium saw $ 620 million from its market cap. Despite the sudden decline, on-chain data shows a flexible long-term holder base, with more than 114,000 addresses currently to damage Paye.
Peppe coin (pepe) tumps as a trump dinner
The price of Pepe Sikka (Pepe) faced heavy sales pressure as the broad Memcoin market struggled to keep pace with Friday’s broad crypto rally. One after the fall Controversial dinner event which includes US President Donald Trump On Friday, where unexpected protests took place, the top MEMCONE markets started instability.
Official trump price fell 4.3% within 24 hours With this phenomenon, spread on the leading memecoin with sales-closes.
Paype, with a sharp 7.2% decline against BTC and 6.7% slide against ETH, indicating that the pullback was not part of the tendency to take advantage of a general crypto, but a targeting steps for the survival of memecoin emerged as political risk signals.
At the press time, the price of Paype is traded with a 24-hour limit between $ 0.00001371 and $ 0.00001517 with the price $ 0.00001379. A 24-hour fall of 7.2% placed Paype as the worst performing in the top 40 ranked cryptocurrency on Saturday.
Why is the price of Pepe lower?
According to COINGECKO data, Pepe is 10.5% in the last 7 days, 7.1% in 14 days and 59% compared to last month. It suggests a 24-hour sold-off stems from a fresh market catalyst.
The time Friday aligns with a decline from Trump’s dinner, which renewed a renewed debate on the validity and morality of the politically affiliated crypto projects.
US lawmakers allegedly blocked the Genius Act, a bill, designed to regulate USD-supported stabechoin, demolished Trump’s direct financial interest after the launch of Trump-Samasted WLFI. USD1 Stabelcoin,
The dispute around Trump is included with Solana-Hosted after Argentine’s President Xavier Libra MemcoinEarlier this year to attract the dangers of international investigation and impeachment.
A $ 620 million market Cap Los in a day emphasizes that this negative reference may have motivated big holders to de-sisters from top mEMCINs such as Pepes in the last 24 hours.
114,000 peeping addresses are still holding on the flexibility of a disadvantage signals
Despite a 7.2% decline in the Paye Price, on-chain matrix states that Peppe is reluctant to sell a significant part of the holders.
As IntotheblockIn the Money Indicator/Out of the Money Indicator, 113,590 addresses, or 25.71% of all current holders – now underwater on their pepe posts.
Essentially, the Pepe community continues despite the community sitting at more unrealistic losses.
Historically, when a large minority of holders refuses to exit during sharp drawdowns, the strategic traders may consider it a positive signal for two major reasons.
First, it means that an important cluster of active investors looks more as a long-term property than a quick-flip meme. More, it indicates widespread confidence in the initial rebound possibilities of Pepe by current holders.
Even more importantly, the Pepe currently trades near its 7-day support floor at $ 0.000012, with most holders, who still have a 7% profit on the weekly candle, lower the possibilities of a sharp capitulation.
If the recession speed around Trump’s Memcoin dinner is reduced, these two major catalysts can encourage fresh flow from the news entry in search of purchasing in Pepe at low prices.
Paype Price Forecast: Elliot Wave Pattern Signal $ 0.000016 Hold Firm as Recovery Hold Firm
PayPe Price Action moves to $ 0.00001632 and potentially $ 0.00001845 for the fifth-wave breakout rally, as is estimated by the Elliot Wave structure developed on the daily chart.
The recent formation of the wave (4) is above the significant support near $ 0.000010, and prices have now entered a possible wave (5) formation.
Currently, with the value $ 0.00001395, the market is attached within a low-stagnation area, possibly prime to a rapid impulse.
The volume is raising slightly up, lending to a rapid continuity thesis. While RSI deviations (5, 14) remain negative at -6.90, it often occurs before the breakout move, suggesting caution when the deviation fails to push much less in prices.
Importantly, the intotheblock data indicates 66,590 addresses that accumulate 58.5 trillion pepes around $ 0.00011, which strengthens a deep -pocket support base just below the current range.
More severe, 113,590 addresses, 25.71%of all holders-are hesitant to show strong long-term punishment under water till now.
Pepe can also benefit from historical correlation to the atherium. If the Ethereum price is moving above $ 2,600, Pepe may make rapid recovery towards $ 0.000016 in the coming days.
Purely from technical point of view, if Pep price $ 0.000013 maintains support above and breaks above recent local resistance, $ 0.00001632 (1.087 FIB Extension) is achieving estimated recovery for the target.
On the negative side, the failure to hold $ 0.000013 support, however, may reck down the rapid wave count, possibly pull the pepe coin value back to $ 0.000010.
Frequently asked questions (FAQs)
A political opposition to Donald Trump’s dinner gave rise to the instability of Memcoin, taking out the big investor out of the political associated tokens.
More than 66% of the pepe holder is currently in profit. The long -term spirit remains intact despite the short -term decline.
If the broader feeling stabilizes, the pepes can rebound towards $ 0.000016. The major support sits near $ 0.000012.
Coyingop Staff
Coingape includes an experienced team of indigenous material writers and editors, who are working in a clock time to cover news globally and present news as a fact rather than an opinion. CoingPele writers and reporters contributed to this article.
Disclaimer: The material presented may include the author’s personal opinion and is subject to the market status. Do your market research before investing in cryptocurrency. The author or publication does not have any responsibility for your personal financial loss.
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