PEPE Slips 5% as Whale Selling and Market Turmoil Weigh on Memecoin Sector

"PEPE, a prominent player in the memecoin sector, experienced a notable decline of 5% in its value, driven by significant selling activity from large cryptocurrency investors, often referred to as 'whales.' This downturn has been further exacerbated by the overall market turmoil, which has created an unstable environment for cryptocurrencies and led to increased uncertainty among investors, ultimately putting additional pressure on the memecoin market as a whole." source: https://www.coindesk.com/markets/2025/10/14/pepe-slips-5-as-whale-selling-and-market-turmoil-weigh-on-memecoin-sector