PEPE Coin Price Analysis: Elliott Wave Flashes Rebound Signal as 114,000 PEPE Holders Resist $620M Outflows
PEPE Coin price dipped 7% on Saturday, May 24, 2025, to trade at $0.000012, as Ethereum’s second-largest memecoin saw $620 million wiped from its market cap. Despite the sudden drop, on-chain data shows a resilient long-term holder base, with over 114,000 addresses currently holding PEPE at a loss. PEPE Coin (PEPE) Tumbles as Trump Dinner Sparks Memecoin Market Volatility PEPE Coin (PEPE) price faced heavy sell pressure as the broader memecoin market struggled to keep pace with Friday’s broader crypto rally. The decline followed a controversial dinner event involving U.S. President Donald Trump on Friday, where unexpected protests erupted, introducing volatility across top memecoin markets. PEPE Price Action, PEPEUSD | Source: Coingecko The Official Trump price plunged 4.3% within 24-hours of the event, with the sell-offs spilling over across leading memecoins. PEPE followed with a sharp 7.2% drop against BTC and a 6.7% slide against ETH, signaling that the pullback… Read More at Coingape.com
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