Pepe coin (PEPE) is currently at a critical support level after experiencing a significant drop of more than 65% from its peak. This decline is similar to the performance of other meme coins like Dogecoin and Shiba Inu. The recent deposit of 2.3 trillion Pepe Coins by whales to centralized exchanges raises concerns about the coin's price and whether it will be able to rebound or face further risks.



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