Pepe Coin (PEPE), a brand-new meme cryptocurrency, debuted in the US on May 17, 2023. By introducing a frog-themed twist to the primarily dog-themed meme coin industry, it seeks to rekindle the excitement around meme currencies. Pepe Coin provides consumers with a fun and imaginative option in the constantly changing realm of digital assets operating on the Binance Smart Chain.

PEPE gained notice as its price hit new all-time highs. However, the coin is currently having some issues. The price is having difficulty maintaining its high and may begin to move in a range. PEPE is being sold by more persons, which may result in a price decrease.

In May, there was a lot of selling. By mid-June, a key indicator, the Chaikin Money Flow (CMF), showed more money leaving PEPE, suggesting the price might drop to $0.0000089. However, buyers are defending the price at $0.0000107. Still, another key price level, $0.000013, wasn’t maintained.

The future of PEPE depends on its liquidity, which shows where buying and selling happen. It may drop to the $0.000008 – $0.000009 area. If the buyers are robust and if Bitcoin goes well too, then PEPE might come back to $0.000018.