Recent on-chain data reveals that insiders are selling YEPE tokens, raising concerns amid a growing memecoin market, particularly on BNB, with questionable projects emerging.
On October 9, 2025, on-chain analytics revealed that insiders of the YEPE token, promoted by trader James Wynn, have sold portions of their holdings, securing about $1.4 million. This comes as the memecoin season makes a comeback, with a surge in speculative projects, particularly on BNB. The sales have raised questions about market manipulation, as insiders continue to hold a significant portion of the token's supply. Many of these sales occurred on centralized exchanges, underscoring the concentrated ownership of YEPE.