Did the $PEPE plunge because Musk was investigated by the military for confidential security issues?

I think another reason is that Binance announced the upcoming Binance Alpha. Binance will choose one of the on-chain currencies to list on the spot. The official tweet just announced: there will be 3 on the Binance chain, one on the SOL chain, and one on the Base chain. Therefore, everyone will rush their funds to the memecoin with the highest probability on these chains, and wait until the results are announced to gain a very good increase.