FLOKI and PEPE Experience Sharp Drops, Indicating Possible Rug Pull Threats
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Price Declines and Market Manipulation: $PEPE and $FLOKI have experienced rapid price declines on 15-minute charts, raising concerns of potential market manipulation and rug pulls.
Oversold Conditions: The relative strength index (RSI) for both cryptocurrencies is significantly below 30, indicating oversold conditions and suggesting a possible sell-off.
Suspicious Chart Patterns: The sharp and sudden drops in price are linked to manipulative actions, prompting traders to speculate about coordinated selling or large holders exiting the market.
Trader Caution Advised: As downward pressure continues, traders are urged to remain vigilant and cautious, monitoring the situation closely for potential further declines.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







