**PEPE Bounces Back 5% Amid Market Recovery, But Concerns Linger**
PEPE saw a 5% increase today, rebounding to $0.00000633, as the broader crypto market rose by 2% following gains in Asian and European stock markets. The recent rally comes after significant losses linked to heightened US tariffs impacting global markets. Despite today’s uptick, PEPE is still down 19% over the past week and 4% over the last month, marking a substantial 77% drop from its December peak of $0.00002803.
Recent whale activity has added to concerns, with a major sale of 196 billion PEPE suggesting an uncertain recovery path. Prior to the latest tariff announcements, large investors had been accumulating PEPE. However, President Trump’s tariff measures resulted in a significant sell-off by one whale, who exchanged 196.1 billion PEPE for 720.6 WETH, indicating a shift towards DeFi opportunities.
As the meme coin dipped from a recent high of $0.00000734, losing 15% since Saturday, its relative strength index shows ongoing weakness, with technical indicators pointing to potential further declines. The escalation of tariffs between the US and China could see PEPE fall to $0.0000050. Conversely, a diplomatic resolution could push it back to $0.0000070.
**Promising Alternatives in a Bear Market**
With stock indices entering bear market territory, traders are eyeing new altcoins like MIND of Pepe for potential gains. This token, backed by an AI platform providing trading insights and early investment opportunities, has already raised $7.8 million. Investors are drawn to its AI capabilities and potential to generate viral tokens, positioning it as a promising option amid current market volatility.
MIND of Pepe’s ongoing sale offers tokens at $0.0036965, with prices set to rise soon. Interested investors can participate through the project’s official website before the presale concludes.
