Pepe [PEPE] is currently trading at approximately $0.000000900 and is undergoing a challenging period. The Relative Strength Index (RSI) is currently at 43.80, which is just below the neutral line. This implies that sellers currently possess a minor advantage. Related Reading: MicroStrategy Stock Hits All-Time High As Bitcoin Blazes Past $67,000 Memecoin Price On The Downtrend Some investors are apprehensive due to the downward trend of the price. Although PEPE has experienced significant price increases in the past, recent metrics suggest that momentum is diminishing. It is interesting that the number of holders is consistently increasing, despite the obstacles. This expanding base, which is now approaching 296,000, indicates that a devoted community continues to support the token. Even if participation has dropped, it is clear that many investors are still committed to the popular meme coin and have future hope. The declining trade activity has raised some questions, though. Active Addresses On The Retreat Active addresses that the PEPE network has seen have dropped significantly, data from Santiment shows; today they count roughly 13.5k. From peak levels recorded earlier ..
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