Pepe Token Price Drops 11.5% Amid Wider Meme Coin Sector Slide

The Pepe token price has dropped by 11.5% over the past week to $0.00000257, according to a quote on August 18, 2026.

This decline is part of a wider trend in the meme coin sector, which saw a 0.84% drop in value that day, while Dogecoin held steady at $0.0698 on a $10.86 billion cap.

The Pepe token's low price and large market capitalization of $1.08 billion are due to its massive supply of over 420 trillion tokens.