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#PEPE Coin Plunges After Rumors of Development Team Selling Large Token Quantity
The pepe meme coin faced a massive sell-off after rumors spread that the development team had sold 21.49 billion pepe tokens, causing the token's price to drop 13% to 0.000013 USD. This move has raised concerns about the project's future prospects.
The information about the quantity of pepe sold has been updated and confirmed, raising questions about the motives behind the development team's sudden divestment. This has left many investors apprehensive and seeking to exit, leading to significant selling pressure on the #PEPE coin.
Nevertheless, it is crucial to closely monitor market developments and the community's reaction to assess the long-term impact of this event. Investors should carefully consider their options before making any buy or sell decisions related to the #PEPE coin.$PEPE
