In late June 2025, a significant selloff of PEPE tokens resulted in a 30% price drop. This situation highlights the vulnerability of meme coins to actions by large investors.
Selloff of PEPE Tokens
A recent selloff of **531 billion PEPE tokens** triggered a 30% price dip, intensifying market volatility and speculation among retail investors. This event underscores the sensitivity of meme coins to whale activity.
Social Media Influence
Trading volumes surged to **$1.5 billion daily** following a cryptic tweet from Elon Musk. His comment about a 'frog wearing sunglasses riding a rocket' sparked increased trading of PEPE tokens and social media buzz.
Future of PEPE
PEPE operates without a formal leadership team, making its price vulnerable to whale actions and speculation. Experts predict that the price could stabilize under favorable market conditions, with historical patterns suggesting the potential for recovery driven by retail investors. Analysts are monitoring social media influence and whale movements for future trends.
The situation with PEPE tokens illustrates the volatility of the cryptocurrency market, which remains dependent on the actions of major players and public sentiment.
