PEPE Coin Price Reenters Historical Demand Zone as Whales Accumulate $5M— Can It Repeat Its 123% Rally?

The Pepe Coin price has plunged by 24.2% in the last 24 hours, reflecting the broader market’s bearish momentum. This steep decline in PEPE price follows Bitcoin’s correction and fading speculative demand across memecoins. Yet, despite the intense sell-off, the token’s current position near its historical demand zone has caught investors’ attention. Notably, the same zone previously sparked a triple-digit rally earlier this year.