PEPE’s price declined by over 8% while its supply on exchanges increased. DOGE’s price also went down, but SHIB moved the other way.
After a comfortable bull rally, the good days for investors came to an end as the bears took over. As per, PEPE’s price declined by over 8% in the last 24 hours. At the time of writing, the memecoin was trading at $0.000001623 with a market capitalization of over $635 million.
To add to the disaster, Lookonchain’s tweet revealed that investors have already started to sell their holdings. As per the tweet, whale 0xa54d deposited 3.94 trillion PEPE, worth $7 million, to Binance to make a profit of around $650k.
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