Pepe (CRYPTO:PEPE) has experienced a 15% decline in the last few days, leading to its fall from the top 20 cryptocurrencies by market cap, with Litecoin (CRYPTO:LTC) overtaking it.

This drop comes after a strong performance in early May, where PEPE's price nearly tripled to $0.0000170.

Currently, the price has dipped to around $0.0000143, though it briefly fell below $0.0000132 before recovering slightly.

Despite the decline, early investors in May still hold significant profits, with gains of over 134%.

The high profitability ratio among PEPE holders, which exceeds 90%, may have contributed to the selloff and subsequent crash.