According to Bubblemaps on Twitter, $USDP is currently experiencing a depegging event, but it is important to note that $USDP is not a stablecoin but rather a bundled memecoin. This distinction means its price is subject to high volatility and is not designed to maintain a fixed value. Traders should exercise caution as rapid price swings can present both risk and opportunity for short-term trading strategies. Monitoring liquidity and on-chain activity is crucial during periods of depegging for assets like $USDP. (Source: Bubblemaps, June 18, 2025)