Recently, the Crypto Assets market has once again experienced a round of intense fluctuations. In particular, the PEPE coin, which has garnered significant attention in the meme coin space, has seen its price continue to decline, far exceeding investor expectations. Many originally believed that $0.000013 had reached the bottom, but it has proven that this judgment was premature.

The plunge of PEPE has raised concerns in the market about its potential to go to zero, while also affecting the performance of other mainstream Crypto Assets such as Bitcoin (BTC) and Ethereum (ETH). There are multiple factors behind this wave of decline:

Firstly, the U.S. government is considering imposing tariffs on certain imported goods, and this news has raised concerns in the market about the global economic outlook, which in turn has affected the valuation of risk assets.

Secondly, the U.S. Securities and Exchange Commission (SEC) recently launched a program called ProjectCrypto, aimed at strengthening regulation of the Crypto Assets industry. Although this initiative is beneficial for the healthy development of the industry in the long run, it has intensified investors' anxiety in the short term.

Additionally, the latest data on the number of initial jobless claims in the United States has brought additional uncertainty to the market. Fluctuations in the labor market may impact the Federal Reserve's monetary policy decisions, which in turn could affect the prices of various assets, including Crypto Assets.

In such a macro environment, investors need to remain vigilant and closely follow market trends and policy changes. Although the market may continue to fluctuate in the short term, in the long run, projects that truly have value and application prospects will eventually stand out in this round of reshuffling.