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

Meme-inspired cryptocurrency PEPE slipped nearly 5% in the last 24-hour period under a wave of liquidations and record-setting trading activity.

The token dropped from $0.000012023 to $0.00001119 as bears overwhelmed attempts at recovery. At one point, trading volume spiked to 6.91 trillion…

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