Pepe Price Drops Sharply as Memecoin Market Faces Turmoil
Memecoins Struggle Amidst Market Turmoil The recent downturn in the cryptocurrency market this October has caused significant upheaval, erasing almost $19 billion in leveraged positions in a matter of hours. Among the most severely affected are memecoins, with Pepe (PEPE) at the forefront of the downturn. The token’s price plummeted by almost 80%, wiping out…