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PEPE Price Drops 8.5% After Whale Dumps 438B Tokens What’s Next for $PEPE

  • A whale dumped 438 billion $PEPE tokens worth $3.03 million, resulting in a $434K loss during the last hour.
  • The $PEPE token experienced higher trade volumes following the whale’s transaction, with trading volumes surging by 230%.
  • Technical indicators show bearish momentum for $PEPE, with RSI dropping to 45 and the MACD dropping below the signal line.
  • Liquidity risks and potential market manipulation increase investor skepticism, with $PEPE likely to experience further drops in the next several weeks.

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