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What is Pepe Coin?
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What is Pepe Coin?

Pepe Coin is a deflationary memecoin with a 420.69 trillion supply. It's traded on both centralized and decentralized exchanges. Despite interest, reaching a $1 price is deemed impossible, given the comparison to the U.S. stock market.

Pepe Coin Shows Bullish Indicators After an 80% Decline
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Pepe Coin Shows Bullish Indicators After an 80% Decline

Pepe coin, after an 80% drop in value with scandals, is showing signs of resurgence. Technical indicators suggest a possible bullish momentum, with the Moving Average Convergence Divergence and Relative Strength Index indicating a potential bounce in price trends. However, Pepe's price trajectory remains a descending channel, indicating sustained bearish momentum. To shift this narrative, the coin must break above the descending channel and maintain its position above the upper boundary, providing a stronger confirmation of a trend reversal.

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