πΈ PEPE Drops 12% as $2.84M in Rewards Hit the Market PEPE slid 12% as selling pressure mounted from StonkFun's reward system, with $2.84M worth of PEPE tokens distributed as rewards being offloaded by recipients. The selling originated from StonkFun's reward payouts denominated in PEPE, triggering a wave of distribution that weighed on the token's price on-chain. Turns out being the reward currency is great β until everyone cashes out at once. Trade on Binance
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