币界网报道：PEPE, the popular frog-themed memecoin, has seen a sharp 35% price drop this month, testing the loyalty of long-term holders. Despite the decline, on-chain data reveals that over 80% of PEPE holders have maintained their positions for more than a month, with 25% holding for over six months—a sign of strong community commitment. The token's recent volatility follows broader market trends, including Bitcoin's slump below $60,000. Analysts note that PEPE's resilience contrasts with typical memecoin behavior, where rapid sell-offs are common during downturns. The project's developers continue to engage the community through social media, though no major updates or partnerships have been announced to counter the price slide. Meanwhile, trading volume remains elevated, suggesting ongoing speculative interest despite the bearish momentum.