Revolutionize Your Portfolio with Unwavering Cryptocurrency Price Stability Insights
news
1 min read
Title: 175 Billion PEPE Dumped as Price Loses Zero
The recent dump of 175 billion PEPE by a mysterious whale investor has sent shockwaves throughout the cryptocurrency market. The transaction, worth $1.75 million, is one of the largest single transfers recorded on Binance and raises questions about the intentions behind such massive movements.
This behemoth withdrawal from Nascent’s wallet comes after a similar dump of 375.35 billion PEPE worth $3.73 million by another whale investor earlier in the day. These extraordinary transactions have sparked intense speculation among investors, with many drawing parallels to a larger trend where whales are increasingly acquiring meme coins like PEPE and WIF.
Despite the massive selloffs, PEPE’s price has surprisingly remained stagnant at $0.000009155, down 4.47% in the last 24 hours. However, an increase in daily trading volume by 4.8% to $911.28 million suggests a resurgence in investor interest and market momentum.
This recent activity aligns with the cryptocurrency’s previous performance. In January, PEPE secured a listing on major Japanese exchange Bitflyer, solidifying its position as one of the top players in the meme sector.
Source: https://u.today/175-billion-pepe-dumped-as-price-loses-zero
