PEPE Price Downtrend Persists Amid Broader Crypto Market Volatility
PEPE, one of the largest meme coins by market capitalization, continues to trade at $0.000002585 as of August 19, 2026. This price is down 8.36% over the past week and roughly 91% below its all-time high of $0.00002803 set on December 9, 2024.
The token's market capitalization stands at $1.06 billion with a 24-hour trading volume of $78.62 million. The liquidity-to-market-cap ratio is relatively thin at 2.09%, which can amplify price swings when volume picks up.
A base-case scenario for the remainder of 2026 sees PEPE trading in a $0.0000025 to $0.0000045 range, with a decisive break above resistance near $0.0000035 needed to shift momentum higher.
The spot ETF filing by Canary Capital could reshape institutional access and potentially support a higher price floor for PEPE if approved.