PEPE, the frog-themed token, faces bearish pressure and has experienced a 2% slip, trading around $0.0000069.
PEPE's daily trading volume has increased by 26%.
The bearish market has caused the total market cap to drop to $2.64 trillion, and meme coins have similarly declined, including a 2.03% drop for PEPE.
There is a possibility that PEPE may extend its losing streak, reaching a low of $0.0000066, but an upside reversal could lead to a price correction in the $0.000007013 range.