PEPE $PEPE

Pepe is a popular meme-based cryptocurrency that has seen a bullish trend recently, attracting traders and investors with its upward trajectory. However, the latest developments point to rapidly changing market dynamics.

The cryptocurrency has experienced a significant correction; currently, Pepe price is at $0.000007708. It fell 6.94%, indicating that market sentiment has turned bearish.

As the Bitcoin halving event approaches, expectations are building for a potential lift across the cryptocurrency space, including Pepe. Meme tokens, along with major cryptocurrencies in the Ethereum and Solana ecosystems, are expected to regain momentum following the recent market correction.

The cryptocurrency market is undergoing a considerable correction, with major players such as Bitcoin and Ethereum both falling below their respective benchmarks of $69,000 and $3,600. This downturn has led to increased selling pressure, further deepening the overall downturn in the market and affecting the broader cryptocurrency landscape.