- PEPE is down more than 42% in the last 24 hours.
- Whales have sold millions worth of PEPE.
- Other meme coins like WOJAK are also down significantly.
The meme coin season started just a few weeks ago but it already seems to have stopped, or at least faded away.
On Monday, PEPE, the leading meme coin, and others dropped more than 33% on no news.
PEPE Dumps 42% as Whales Sell
The start of the week has proved to be disastrous for the new meme coin king PEPE. The coin, named after the popular cartoon character Pepe the Frog and deployed on Ethereum, is down double digits on Monday.
PEPE is currently trading at $0.00000184, down more than 42% in the last 24 hours, according to data from CoinGecko.
The dramatic dump in PEPE’s price comes after an incredible run last week when the token increased by a few hundred percent and made multiple people instant…
