The meme coin PEPE has experienced a significant decline in its price, reaching its lowest point in the past 90 days. The token has seen a drop of 17.44% in the past 24 hours and has undergone sell-offs of 43.2% over 30 days and 66.8% over 90 days. However, indicators such as the Relative Strength Index and Moving Average Convergence Divergence suggest a potential rebound and price breakout. The altcoin market is evolving, with meme coins gaining recognition and the SEC declaring that they are not investment contracts. While PEPE has not been included in recent ETF applications, supporters believe it has potential for a significant rally.



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