🚨 PEPE Whale Dumps, Triggering a 63% Plunge in Just Four Hours 🐸📉
In a jaw-dropping move, the meme coin community saw a PEPE whale dump $28 million worth of $PEPE PE tokens, causing a 63% plunge in less than four hours.
🔍 Blockchain sleuths have identified the wallet responsible for the dump as inactive since April, raising suspicions that it may belong to an early developer. The timing couldn't be worse—PEPE's price had previously surged 200% on hype surrounding its upcoming Binance listing.
⚠️ In response, Binance suspended PEPE deposits, citing "unusual on-chain activity."
🧨 Retail investors are calling this manipulation, and opposition is growing.
Meanwhile:
🚀 $FLOKI up 17%
📈 $SHIB trading volume is increasing
💡 The memecoin space has once again proven its volatility and riskiness. With losses mounting and sentiment running high, regulatory scrutiny may be just around the corner.
📉 Are memecoins the new Wild West of cryptocurrency?
#PEPE #Whale.Alert #MEME #Floki🔥🔥 #Shibalnu
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