According to the report of CoinGecko, the total market value of meme coins decreased by more than 12% and reached 113.32 billion dollars with the withdrawal of whale capital.

 Meanwhile, Dogecoin (DOGE) fell by 8.5% to $0.33 and Shiba Inu (SHIB) fell by 7%.

 Analysis platform Spotonchain reported that a whale made a profit of $2.15 million by selling 427 billion PEPE tokens worth $8.49 million on the Kraken exchange.

 Also, another whale sold 74.483 billion MogCoin (MOG) tokens worth $177,736.

 However, another whale bought $18 million worth of Memecoin, which did not affect the downward trend in prices.

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124 $DEGEN  Interesting to see the effect of whale activity on meme coin prices. The market seems volatile, but it's still early days for this space