๐Ÿธ PEPE Drops 12% as $2.84M in Rewards Hit the Market

Memecoin daily, @memecoin_daily

Open in Telegram
#1260Text

๐Ÿธ 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 โ€” until everyone cashes out at once. Trade on Binance

Open in Telegram
Views612โˆ’30%vs avg
Forwards1
Reactionsโ€”
Commentsโ€”

Views growth

Hours after publication

Show as table
Hours after publicationViews
0 h1
5 h255
18 h419
33 h612
  1. After 6 hours255
  2. After 24 hours419
  3. Total to date612

More from Memecoin daily

  1. 01
    Views1.27K
    Forwards0
    Reactions6
    Commentsโ€”
  2. 02
    Views1.26K
    Forwards0
    Reactions9
    Commentsโ€”
  3. 03
    Views1.21K
    Forwards0
    Reactions6
    Commentsโ€”
  4. 04
    Views1.13K
    Forwards1
    Reactions4
    Commentsโ€”
  5. 05
    Views1.05K
    Forwards1
    Reactions6
    Commentsโ€”

All posts of Memecoin daily