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PEPE Plunges 5% as Meme Magic Fizzles—Even Elon’s April Endorsement Can’t Save It
PEPE Plunges 5% as Meme Magic Fizzles—Even Elon’s April Endorsement Can’t Save It
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Another day, another meme coin bleeding out. PEPE—the frog-themed crypto that rode Elon Musk's April tweet to fleeting glory—just dumped another 5% as traders moved on to the next shiny object.
When hype dies, it dies fast. No amount of billionaire meme-retweeting changes the fact that 99% of these coins are exit liquidity for insiders. But hey, at least PEPE had its 15 minutes.
Pro tip for degens: Maybe try investing in something that doesn't rely entirely on celebrity whims and 4chan pump squads. Just a thought.
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