PEPE Drops 7% Amid Memecoin Market Pullback

PEPE coin is facing a correction, dropping 7% in 24 hours amid surging trading volumes. In today's "Chart of the Day", presented by Crypto.com, CoinDesk's Jennifer Sanasie breaks down the latest data showing what’s driving the popular memecoin's sharp decline, including major profit-taking from crypto whales, and what this means for the rest of the memecoin sector. - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE