According to on-chain analyst Yazan, insider selling of PEPE holdings has begun, with approximately 400 billion PEPE sold, coinciding with Pauly's exposure of Pepecoin team members. In response, Yazan called on cryptocurrency exchanges such as Binance and OKEx to take measures to prevent insider trading. Due to the team's sell-off, the price of Pepecoin has seen a bearish trend, dropping 15%. Although the PEPE price briefly rose 10%, it failed to maintain its upward momentum and continued to fall, exacerbating negative sentiment in the community. According to CoinMarketCap data, as of the writing of this article, the PEPE price is $0.00000090, down 7% in the past 24 hours.