Pepe coin has been navigating a volatile market, experiencing sharp price swings that have tested investor confidence. Over the past month, its market capitalization has fallen dramatically from $8.7 billion to $4 billion, marking a 50% decline. When measured from its all-time high of $11.12 billion, the drop extends to nearly 60%.<\/p>\n
This significant downturn has led to hesitancy among investors, with many unwilling to enter the market at these lower levels. However, this scenario may present an opportunity for those looking to dollar-cost average, particularly if the broader bull market resumes.<\/p>\n
Despite its decline, the long-term outlook for Pepe coin remains a topic of discussion. One of the key drivers of this optimism is the increasing accumulation of $PEPE by large holders.<\/p>\n
Reports indicate that up to $20 million worth of Pepe coin has been withdrawn from centralized exchanges and moved to cold storage, signaling confidence from whales in its long-term potential. This accumulation trend, combined with market sentiment, has led to speculation of a possible rally.<\/p>\n