PEPE Coin Faces Market Volatility: Outflows Surge, Leadership Silent

PEPE coin has been grappling with significant market volatility, experiencing an outpouring of $17 million in weekly withdrawals from investors. This has significantly impacted the liquidity of the coin and the meme coin sphere as a whole. Despite concerns, the project’s anonymous team remains silent on any potential interventions or communication regarding the current market turmoil. Analysts predict further price drops if negative sentiment continues to affect the market.