PEPE Sees Record-Breaking Token Outflow Amid Bear Trap Fears
The PEPE cryptocurrency has seen an unprecedented outflow of tokens, totaling over 4.54 trillion units.
This massive exodus has raised concerns among investors and analysts about a potential bear trap unfolding in the market.
A bear trap occurs when investors sell their assets at high prices, causing the price to drop and creating an opportunity for other investors to buy in at lower prices.