PEPE Price Drops 5% Amid Whale Selling and Market Volatility Impacting Memecoin Sector

The PEPE memecoin experienced a 5% price decline as significant whale selling activity combined with broader market turbulence continues to pressure the memecoin sector. Large-scale investors have been actively offloading their PEPE holdings, contributing to increased selling pressure across cryptocurrency exchanges. This downward movement reflects growing concerns about memecoin stability during periods of market uncertainty, with traders closely monitoring whale wallet movements and exchange flow data for potential market direction signals.