Pepecoin (PEPE) price has crashed nearly 85% from its record high of $0.00000448 in May 2023. What’s more, its bearish momentum is likely to continue in September.

Pepecoin has suffered two concerning security breaches in the last two weeks.

PEPE supply distribution among addresses holding more than 1,000 tokens. Source: Santiment
PEPE four-hour price chart. Source: TradingView