Pepe Coin Down 50% in 3 Days: Is the Frog Frenzy Over for PEPE?

Pepe Coin has plummeted by almost 50% in the last three days, leaving many wondering: is the frog-frenzy over for the new meme coin? The price of the Frog-themed Pepe coin (PEPE) has lost 6.50% in the last seven days, adding to investor concerns. PEPE Coin, one of the most popular meme-based cryptocurrencies, has witnessed a staggering decline, shedding 80% of its value since its all-time high of $0.00001064.

What's Behind the PEPE Price Drop?

The recent downturn could be linked to a major supply wall that has overpowered the bulls. Pepe (PEPE) price shows signs of bullish exhaustion on Tuesday after failing to breach a key resistance level at $0.0000013 last week. As Coinspeaker pointed out, leading frog-themed and Ethereum-based memecoin Pepe (PEPE) faces a potential 50 percent correction shortly after registering palpable gains.

Is There Hope for a PEPE Comeback?

Despite the current price struggles, technical analysis offers a glimmer of hope. Some analysts suggest PEPE could surge 796% by 2025's end. Retail traders are reportedly accumulating, while whales wait on the sidelines, potentially signaling a future price increase. PEPE has been one of the leaders of this cycle’s memecoin frenzy, increasing over 6,000% since the cycle low. It reached its all-time high of $0.00001064 on [Date].

Pepe Coin Prediction: Bullish Outlook for 2025?

Our Pepe coin prediction shows a bullish growth fueled by rising market inflows, potential ETF approvals for meme coins, and real-world meme coin utility. In 2025, Pepe is projected to reach new heights. However, the meme coin market is notoriously volatile, and investors should exercise caution and conduct thorough research before investing in PEPE or any other cryptocurrency.