PEPE price crashes 65% in two weeks as top whales take profits — More pain ahead?

Earlier in May, the market capitalization of Pepe (PEPE), a cryptocurrency inspired by the popular internet meme Pepe the Frog, had soared to $1.8 billion. Two weeks later, PEPE price has come crashing to nearly $665 million, down 65%. Let’s take a look at the main reasons why