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Whale Dump Sinks PEPE: Memecoin Plunges 5% Amid Exchange Exodus

Whale Dump Sinks PEPE: Memecoin Plunges 5% Amid Exchange Exodus

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-07-30 11:45:42
0

PEPE Falls Nearly 5% as Whale Selling and Exchange Outflows Rattle Memecoin

Another day, another memecoin getting mauled by crypto's merciless free market.

The frog-themed token took a nosedive as whales cashed out and exchanges saw sudden outflows—proving once again that in crypto, 'community-driven' often just means 'greater fool theory with extra steps.'

No fundamentals? No problem. Until the music stops.

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