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Story Highlights $TRUMP falls 16% amid political and market pressure  Whale withdraws 506B PEPE tokens, signaling confidence Dogecoin drops 8% after Musk dismisses U.S. adoption Meme coins have taken a hit recently, with several popular tokens experiencing significant declines. Economic factors, including newly imposed Trump tariffs, have created uncertainty in the market. However, the investor optimism about market rebound remains strong despite the current lower pricing. Whale Withdraws 506B PEPE Tokens as $TRUMP Faces Political Pressure In the previous seven days, $TRUMP experienced a significant price downfall, reaching $9.5 as it declined 16%. The crypto token experienced enormous price instability following its launch in January through multiple downward slumps, reaching its lowest point of 75% devaluation. House Democrats have recently started questioning whether the $TRUMP token should remain in existence. Crypto traders maintain their interest in this token despite the ongoing market decline. PEPE has registered an 8% decrease since last week and its current price stands at $0.0000070. Investments from big investors indicate that whale investors continue to have interest in the market. According to Spot On Chain data, a whale called qianbaidu.eth extracted 506 billion PEPE tokens from the Binance crypto exchange through the platform on March 26, 2025. Big investors remain optimistic about PEPE as demonstrated by their significant cash out of $4.4 million worth of tokens. PEPE achieved a market value of $1.6 billion in 2023 but jumped to $11 billion in December 2024. Investor optimism appears to be driven by PEPE’s historical high points even though its value has recently declined. The number of investors who possess PEPE tokens continues to grow. According to market reports during March 2025, the PEPE market received 542 new investors. The price of this token has experienced significant growth patterns throughout its history. Its value at $1.6 billion emerged…

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Filed under: News - @ March 31, 2025 10:28 am