PepeCoin, or PEPE, has experienced a significant decline in value, losing key support and facing relentless selling pressure. The network activity has also collapsed, with low trading volume and weak demand. The drop in trading volume has made a support level at $0.000006477 fragile. Large investors have shown little interest in accumulating, and a major whale has sold off a significant amount of tokens. Over 78% of PEPE holders are now in losses, and if a certain price zone fails, deeper declines and lower liquidity regions could follow. The lack of bullish momentum and on-chain data indicate further downside risk. Without new buyers, PepeCoin may enter a prolonged bearish phase, and a break below current support levels could trigger another sharp drop.



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