In the absence of any concrete utility to support the token, nothing seems to prevent Pepecoin from falling below the 100 million mark in market cap.
Shiba Inu expands into DeFi to support its ecosystem. Speculators will be less patient for PEPE.
Developers cashed out and are watching the ship sink!
There is no bullish momentum to reject PEPE’s price as it approaches key support at $0.0000008375 or the June 2023 low.
If price breaks down this level, there would be another drop to 0.0000003099 support, or more than -71%. PEPE market cap would then be less than 100 million dollars.PEPE’s initial price is $0.00000000001394 according to Techopedia.