The value of the memecoin PEPE has been volatile this year, with a market cap that peaked at $2 billion before declining. Many PEPE tokens have been deposited in crypto exchanges, which could indicate a potential sell-off and a decrease in value. The deposits came from 1,176 unique wallet addresses, resulting in a net gain of $22.94 million for the exchanges. Currently, PEPE's native token is trading at $0.000001268, having dropped by 0.51% in the past hour.
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Large-Scale Sell-Off of PEPE Tokens May Be Imminent as 33 Trillion Tokens are Deposited into Cryptocurrency Exchanges
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