Vercel has issued a security checkpoint regarding the memecoin Pepe, which recently experienced a nearly 5% decline. This downturn was attributed to significant selling activity by large holders, commonly referred to as 'whales', alongside notable outflows from exchanges. Market sentiments have been rattled, leading to concerns among investors. As this situation unfolds, observers are closely monitoring the dynamics between whales and market stability, with implications for the broader memecoin ecosystem.

Source 🔗