Pepe Coin (PEPE) Price Dips to Crucial Support – What’s the Future?

The cryptocurrency market saw some selling pressure on Monday, August 18th, 2025. Ethereum (ETH) declined by 4%, dropping from its recent high of $4,780 to $4,250. This decline impacted memecoins, with Pepe (PEPE) being a notable loser. PEPE has dropped over 5% today and is down more than 10% for the week. This downturn puts the token at a critical support level that will likely influence its next move.