Pepe Coin Price Forest: If BTC Falls To $65K, Here’s How Much PEPE Could Drop
The post Pepe Coin Price Forest: If BTC Falls To $65K, Here’s How Much PEPE Could Drop appeared on BitcoinEthereumNews.com.
Markets are pushing PEPE coin into a critical position. The trading value of PEPE coin settled at $0.0000085 on February 27, 2025 while the industry experienced general market instability. Experts speculate what PEPE’s potential price drop could yield as Bitcoin price approaches $65,000 after sinking to $85,000. Despite these bearish forecasts, a new Defi project with its $13 million presale and 4x surge is offering a smarter play. Pepe’s Recent Struggles and Market Sentiment The frog-themed PEPE token has endured a rough patch lately. It’s down over 10% in the past week, slipping to $0.0000084 after a high of $0.0000147 in December. A massive 175 billion PEPE token dump by an institutional player has added pressure, per on-chain data. Trading volume spiked to $871 million recently, signaling heightened activity. Yet, this surge hasn’t stemmed the tide of losses. The PEPE market cap hovers around $3.55 billion, ranking it 37th among top meme coins. Analysts note a bearish pattern forming on PEPE’s chart. If support at $0.000007 cracks, a steeper decline looms. Investors eye Bitcoin’s next move closely. A drop in the leading crypto could drag PEPE down further, as BTC’s trajectory often dictates the fate of smaller tokens. Bitcoin’s Slide Toward $65,000 Bitcoin, the market bellwether, stands at $85,201 as of February 26, 2025. It’s shed nearly 8% in a week, per recent reports, hitting a three-week low. Global jitters and a $1.5 billion Bybithack fueled this retreat. If Bitcoin falls to $65,000, a 23% drop from its current level, altcoins could suffer. Historically, meme coins like PEPE amplify such moves. A 30-40% decline wouldn’t be surprising, pushing PEPE toward $0.000006-$0.000007, based on past correlations. Market watchers point to upcoming U.S. tariffs as a risk factor. These could further sour sentiment, driving Bitcoin lower. For PEPE holders, this spells a…
Filed under: News - @ March 3, 2025 1:19 am