Pepe Coin (PEPE) traded at $0.00000359 on Sunday, gaining 0.80% in the last 24 hours — a mild uptick that stood out as the broader crypto market weakened. Bitcoin dropped 2.45% to $74,971, falling below the $75,000 mark for the first time this week. Sell-offs hit the meme coin class especially hard, but PEPE bucked the trend.
Bitcoin slips below a key level
Bitcoin's slide below $75,000 came as selling pressure spread across major coins. The decline accelerated in afternoon trading, dragging the overall market cap down. At $74,971, BTC is now off its recent highs, though still within a range it's held for weeks. The drop wasn't catastrophic, but it broke a psychological barrier traders watch closely.
Meme coins feel the pressure
Most meme coins didn't fare as well as PEPE. The broader category saw broad-based selling, with many tokens posting losses. Dogecoin and Shiba Inu both slipped, though by smaller percentages than Bitcoin. The weakness wasn't uniform — some smaller meme coins held flat — but the overall tone was negative. PEPE's gain, even if small, made it an outlier.
What PEPE's mild strength says
Pepe Coin's 0.80% rise isn't huge, but context matters. When the market leader falls and the rest of the sector drops, a token that can eke out a gain shows relative strength. That doesn't mean a reversal is coming — it's one data point. But for a meme coin often seen as high-beta, holding ground while others sell off is notable. Sunday's close at $0.00000359 leaves PEPE in the green, a rare sight on a red day for crypto.
