Chinese Pepe, or PeiPei, continues to experience a downward trend, closing nearly 9% lower today as market uncertainty widens. The token, once ranging around a $55 million market cap, has now dropped to approximately $46 million, marking a challenging period for investors as it descends nearly 50% from its highs over the past month. As PeiPei’s future appears uncertain, investors are now actively seeking alternative token investment options this November, viewing Pepe Unchained as a promising opportunity. PeiPei (PEIPEI) price analysis Just last month, PeiPei’s market cap briefly touched $80 million, but it has since been trending downward in what could be a concerning sign.