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The memecoin sector has underperformed the wider cryptocurrency market, with PEPE's decline contributing to a 6% plunge in the CoinDesk Memecoin Index (CDMEME).

Germany’s BISON trading venue now supports LDO, BNB, AVAX, ONDO, PEPE and NEAR.

Despite the selloff, indicators suggest growing investor interest, including a 3.2% increase in whale wallet holdings and a 2.5% decrease in PEPE on exchanges.

Despite the drop, PEPE is outperforming the wider memecoin space and is up nearly 55% over the past month.

Trading volumes for the frog-themed token surged to 4.6 trillion, while exchange balances have decreased 2.6% over the past 30 days.

Despite the sell-off, whale accumulation appears to be robust, with PEPE whales on Ethereum adding 1.4% to their holdings over the past seven days.
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