Popular meme coin Pepe (PEPE) faces mounting selling pressure as long-term holders (LTHs) capitalize on profits. Trading at $0.0000090, PEPE has declined 18% over four days, with key on-chain metrics signaling potential further drops.
Profit-Taking Signals from PEPE Long-Term Holders
1. Declining Mean Coin Age
Pepe's Mean Coin Age (average token age across addresses) dropped 1% since October, now at 300. This suggests LTHs are moving dormant tokens—often a precursor to sustained selling.
👉 Why long-term holder behavior matters
2. Falling Mean Dollar Invested Age (MDIA)
PEPE’s MDIA (average age of holdings weighted by dollar value) fell 4% to 153 since October 1. A decreasing MDIA reflects eroding confidence among long-term investors, potentially triggering a domino effect of sell-offs.
PEPE Price Outlook: Bearish Scenario
If LTH selling persists, PEPE could drop 35% to $0.0000058 (August 5 low), per Fibonacci Retracement levels. Short-term holders (STHs) may exacerbate declines if they panic-sell.
Potential Reversal Conditions
- LTHs halt sales
- Improved market sentiment
A breakout above $0.000012 resistance could reverse the trend.
FAQ: PEPE Price Dynamics
Q: Why are PEPE long-term holders selling now?
A: Profit-taking after price rallies and shifting market sentiment are likely drivers.
Q: How does Mean Coin Age affect crypto prices?
A: Declining values often precede price drops, indicating older tokens are being liquidated.
Q: What’s the worst-case scenario for PEPE?
A: A 35% plunge to $0.0000058 if bearish momentum continues.
👉 Key strategies for volatile meme coins
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