The meme coin landscape is experiencing a lull as PEPE, the frog-themed token, trades around $0.0000089. Daily trading volume has dropped by 32%, with major market cap fluctuations impacting other meme coins negatively. The current indecision in the crypto market is visible as PEPE’s market cap slipped below $58.9 billion after a decline of over 2.3%. While some meme coins remain red, PEPE saw a brief surge before dipping back to its recent range. The coin now trades around $0.0000089, with its trading volume dropping by over 32.15% to $435 million. Notably, a significant crypto whale withdrew a massive amount of PEPE ($147 million) from Binance, adding to market dynamics.