$PEPE down ~2.7% is doing exactly what high-risk meme coins do during market pauses: liquidity drains. This isn’t about PEPE itself — it’s about traders stepping away from risk.

PEPE survives on hype cycles. When volume slows, price usually slides quietly. Any recovery depends entirely on renewed speculation, not structure.

Market mood: Liquidity exit

Risk: Extended sideways or slow bleed

Truth: Hype-dependent asset

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PEPE
PEPE
0.0₅395
-0.75%