🚨 PEPE Whale Dump Triggers 63% Crash in Just 4 Hours 🐸📉
A jaw-dropping move in the meme coin world: a PEPE whale just unloaded $28 million worth of $PEPE PE tokens, causing a 63% nosedive in under four hours.
🔍 Blockchain sleuths flagged the dumping wallet as inactive since April, raising suspicions that it may belong to early developers. The timing couldn’t be worse—PEPE had just soared 200% on hype over a potential Binance listing.
⚠️ In response, Binance halted PEPE deposits, citing “unusual on-chain activity.”
🧨 Retail investors are calling it manipulation, and the backlash is growing.
Meanwhile:
🚀 $FLOKI jumped 17%
📈 $SHIB is seeing increased volume
💡 The meme coin space is once again proving just how volatile—and dangerous—it can be. With losses mounting and emotions running high, regulatory scrutiny may be just around the corner.
📉 Are meme coins the new Wild West of crypto?