Memecoin market crashes following massive sell-off by whales
According to a report by CoinGecko, the total market value of meme coins fell by more than 12% to $113.32 billion as whales exited.

Meanwhile, Dogecoin (DOGE) fell 8.5% to $0.33 and Shiba Inu (SHIB) fell 7%.
Analytics 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 Magcoin (MOG) tokens worth $177,736.
 However, another whale bought $18 million worth of Memecoin, which had no impact on the downward trend in prices.

This market is heavily dominated by market makers and whales. You have to be very careful.
387 $DEGEN

memecoin is in a downtrend, its conditions are not good.