BTCC / BTCC Square / CoindeskEN /
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

Author:
CoindeskEN
Published:
2025-06-26 09:51:04
10
3

PEPE Slides 5% as Hype Fades Despite Elon Musk's April Nod

Another day, another meme coin bleeding out. PEPE—the frog-themed crypto that rode Elon Musk's April tweet to fleeting glory—just shed 5% as traders moved on to the next shiny object.

When hype dies, it dies fast. The 'utility' of meme coins? Pumping, dumping, and separating retail traders from their money. PEPE's latest dip proves even celebrity tweets can't defy gravity forever.

Remember: In crypto, 'fundamentals' are just the stories we tell ourselves between crashes.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users