PEPE Continues Bleeding as Smart Money Remains Silent

PEPE has been experiencing a slow bleed, losing 3.14% on the day with spot volume on Binance at $12 million.

This is not panic selling, but rather quiet distribution, which can be more treacherous as it often leads to price erosion through stair-stepping dips.

The meme coin sector has been living and dying by liquidity rotation, with PEPE being one of the first tickers to get defunded when capital gravitates towards higher-conviction assets.

There are no verified KOL predictions circulating in the last 24 hours, which is a sign that smart money has gone quiet, waiting for a more attractive entry point.