Can PEPE Hold Up Amidst Bitcoin’s Price Movement?

As the cryptocurrency market grapples with the stability of Bitcoin at around $100,000, meme coin prices are experiencing fluctuations. PEPE, a popular token in this space, has seen minor declines over the past 24 hours, dropping approximately 2.4% as broader market sentiment hesitates before key U.S. inflation data release. The token’s price hovers around $0.0000059, with trading volume declining significantly by over 50% to around $298 million in the past 24 hours, signaling a slowdown in trader enthusiasm.